Illinois Tool Works (ITW) Tops Q3 EPS by 3c; Trims FY15 EPS Outlook
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ITW Reports Third Quarter 2015 Financial Results
October 21, 2015 8:00 AM EDTEPS of $1.39, up 9 percent; up 18 percent excluding $(0.12) of currency headwindsRecord operating margin of 22.7 percent, up 180 basis points; Enterprise Initiatives contribute 110 basis pointsStrong free cash flow conversion at 126 percent of net income Record after-tax return on invested capital of 21.5 percent
GLENVIEW, Ill., Oct. 21, 2015 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported third quarter 2015 diluted earnings per share (EPS) from continuing operations of $1.39, a 9 percent increase compared to the year-ago period. Organic revenue was down 1.7... More
