Illinois Tool Works, Inc. (ITW) Tops Q1 EPS by 2c; Guides Q2, Narrows FY12 Sales Outlook

Illinois Tool Works, Inc. (NYSE: ITW) reported Q1 EPS of $0.97, $0.02 better than the analyst estimate of $0.95. Revenue for the quarter came in at $4.55 billion versus the consensus estimate of $4.59 billion.

Sees Q2 2012 EPS of $1.08-$1.16, versus the consensus of $1.08.

Narrows FY12 sales growth outlook from 5-8 percent to 5-7 percent.

For earnings history and earnings-related data on Illinois Tool Works, Inc. (ITW) click here.

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