ITW Reports Record Second Quarter 2016 Financial Results

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Illinois Tool Works (ITW) PT Raised to $114 at Credit Suisse

July 21, 2016 8:15 AM EDT

Credit Suisse analyst J. Cook raised its price target on Illinois Tool Works (NYSE: ITW) to $114.00 (from $106.00) while maintaining a Neutral rating.

Cook commented, "ITW's stock popped nearly 3% after beating Q2' EPS by 6%, reflecting solid top line organic growth and continued... More

Illinois Tool Works (ITW) Tops Q2 EPS by 6c; Boosts FY16 EPS Outlook

July 20, 2016 8:05 AM EDT

Illinois Tool Works (NYSE: ITW) reported Q2 EPS of $1.46, $0.06 better than the analyst estimate of $1.40. Revenue for the quarter came in at $3.43 billion versus the consensus estimate of $3.41 billion.

GUIDANCE:

Illinois Tool Works sees FY2016 EPS of $5.50-$5.70, versus prior... More