Illinois Tool Works (ITW) Tops Q2 EPS by 2c

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Go back to Illinois Tool Works (ITW) Tops Q2 EPS by 2c

ITW Reports Second Quarter 2015 Financial Results

July 22, 2015 8:01 AM EDT

Diluted EPS of $1.30, up 7 percentRecord operating margin of 21.3 percent, up 80 basis points; Enterprise Initiatives contributed 100 basis pointsCompany raises full-year guidance to $5.07 to $5.23 per share, up 10 percent at the midpoint

GLENVIEW, Ill., July 22, 2015 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported second quarter 2015 diluted earnings per share (EPS) from continuing operations of $1.30, a 7 percent increase compared to the year-ago period.  Excluding the $(0.12) impact of currency translation, EPS would have been up 17%.  Organic revenue growth was up slightly in... More