ITW Reports Fourth-Quarter and Full-Year 2017 Results

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Illinois Tool Works (ITW) PT Raised to $202 at Citi; Reiterates Buy

January 25, 2018 7:32 AM EST

Citi raised its price target on Illinois Tool Works (NYSE: ITW) to $202.00 (from $192.00) while maintaining a Buy rating. 2018/2019 EPS estimates go to $7.65/$8.40 (from $7.40/$8.20) largely to reflect ~$0.35 of tax benefits.

ITWs pivot to growth strategy continues to take hold at the same time the... More

Illinois Tool Works (ITW) Tops Q4 EPS by 8c; Boosts Outlook

January 24, 2018 8:01 AM EST

Illinois Tool Works (NYSE: ITW) reported Q4 EPS of $1.70, $0.08 better than the analyst estimate of $1.62. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.54 billion.

GUIDANCE:

Illinois Tool Works sees FY2018 EPS of $7.45-$7.65, versus the... More