Illinois Tool Works (ITW) Tops Q2 EPS by 6c; Boosts FY16 EPS Outlook
Illinois Tool Works (NYSE: ITW) reported Q2 EPS of $1.46, $0.06 better than the analyst estimate of $1.40. Revenue for the quarter came in at $3.43 billion versus the consensus estimate of $3.41 billion.
GUIDANCE:
Illinois Tool Works sees FY2016 EPS of $5.50-$5.70, versus prior guidance of $5.40-$5.60 and the consensus of $5.52.
For earnings history and earnings-related data on Illinois Tool Works (ITW) click here.
