Illinois Tool Works (ITW) Tops Q1 EPS by 12c, Beats on Revenues; Boosts FY18 EPS Outlook Above Consensus

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Go back to Illinois Tool Works (ITW) Tops Q1 EPS by 12c, Beats on Revenues; Boosts FY18 EPS Outlook Above Consensus

Notable Call Buying Activity in Illinois Tool Works (ITW) Targets Rebound in Shares Following Post 1Q Earnings Decline, Down 4.4% -Susquehanna

April 26, 2018 1:49 PM EDT

Susquehanna options strategist Alison Edwards notes bullish options activity in Illinois Tool Works (NYSE: ITW), as opening investors bought 2,000 May 148 Call for $1.95 and 800 May 145 Calls for $3.02, looking for a rebound from a post earnings sell-off.

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