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

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

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

April 26, 2018 8:08 AM EDT

Illinois Tool Works (NYSE: ITW) reported Q1 EPS of $1.90, $0.12 better than the analyst estimate of $1.78. Revenue for the quarter came in at $3.74 billion versus the consensus estimate of $3.69 billion.

Raises guidance for 2018 after solid Q1 financial resultsGAAP EPS was $1.90, up 23% versus prior yearTotal revenue was $3.7 billion,... More