Illinois Tool Works (ITW) Tops Q1 EPS by 3c, Offers Q2 & FY Guidance

Illinois Tool Works (NYSE: ITW) reported Q1 EPS of $1.29, $0.03 better than the analyst estimate of $1.26. Revenue for the quarter came in at $3.27 billion versus the consensus estimate of $3.25 billion.

GUIDANCE:

Illinois Tool Works sees FY2016 EPS of $5.40-$5.60, versus the consensus of $5.47.

Illinois Tool Works sees Q2 2016 EPS of $1.34-$1.44, versus the consensus of $1.39.

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

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