ITW Reports Record Third Quarter 2016 Financial Results

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Illinois Tool Works (ITW) Tops Q3 EPS by 1c; Raises FY Outlook

October 20, 2016 8:03 AM EDT

Illinois Tool Works (NYSE: ITW) reported Q3 EPS of $1.50, $0.01 better than the analyst estimate of $1.49. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.5 billion.

GUIDANCE:

Illinois Tool Works sees Q4 2016 EPS of $1.31-$1.41, versus the... More