ITW Delivers $1.97 Earnings per Share, up 17%

Go back to ITW Delivers $1.97 Earnings per Share, up 17%

Illinois Tool Works (ITW) PT Lowered to $150 at RBC Capital

July 24, 2018 7:10 AM EDT

RBC Capital lowered its price target on Illinois Tool Works (NYSE: ITW) to $150.00 (from $165.00) while maintaining a Sector Perform rating.

Analyst Seth Weber said the FY18 op margin and EPS haircut could take some air out of the story for now.

... More

Illinois Tool Works (ITW) Reports In-Line Q2 EPS, Offers Q3 and FY Guidance

July 23, 2018 8:03 AM EDT

Illinois Tool Works (NYSE: ITW) reported Q2 EPS of $1.97, in-line with the analyst estimate of $1.97. Revenue for the quarter came in at $3.83 billion versus the consensus estimate of $3.84 billion.

GUIDANCE:

Illinois Tool Works sees FY2018 EPS of $7.50-$7.70, versus the... More