Illinois Tool Works (ITW) Tops Q1 EPS by 3c; Lowers Outlook
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ITW Reports First Quarter 2015 Financial Results
April 21, 2015 8:01 AM EDTDiluted EPS of $1.21, up 20 percent Operating margin of 20.9 percent up 220 basis points; Enterprise Initiatives contributed 100 basis points Share repurchases of $1.6 billion in the first quarter Company updates full-year guidance
GLENVIEW, Ill., April 21, 2015 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported first quarter 2015 diluted earnings per share (EPS) from continuing operations of $1.21, which is 20 percent higher than the year-ago period. Reported EPS was $0.04 above the midpoint of company guidance despite $0.03 of incremental negative currency translation... More
