ITW Reports First Quarter 2016 Financial Results

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

April 20, 2016 8:57 AM EDT

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... More