Illinois Tool Works (ITW) Tops Q4 EPS by 2c, Reaffirms Guidance
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ITW Reports Fourth-Quarter and Full-Year 2016 Results
January 25, 2017 8:00 AM ESTFourth-quarter highlights:
Total revenue was $3.4 billion, an increase of 4%; organic growth was 2%Operating margin was 21.8%, an increase of 110 bpsGAAP EPS was $1.45 including $0.06 of non-recurring items, an increase of 18%Full-year highlights:
Total revenue was $13.6 billion, an increase of 1%; organic growth was 1%Operating margin was 22.5%, an increase of 110 bps; 22.8% excluding EF&CAfter-tax ROIC was 22.1%, an increase... More