ITW Delivers $1.90 Earnings per Share
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Illinois Tool Works (ITW) PT Lowered to $131 at Credit Suisse
October 25, 2018 8:07 AM EDTCredit Suisse analyst Jamie Cook lowered the price target on Illinois Tool Works (NYSE: ITW) to $131.00 (from $146.00) while maintaining a Neutral rating.
... MoreIllinois Tool Works (ITW) Tops Q3 EPS by 2c, Revenues Miss; Narrows FY18 EPS Outlook
October 24, 2018 8:02 AM EDTIllinois Tool Works (NYSE: ITW) reported Q3 EPS of $1.90, $0.02 better than the analyst estimate of $1.88. Revenue for the quarter came in at $3.61 billion versus the consensus estimate of $3.72 billion.
Despite some near-term market challenges in the third quarter, the ITW team delivered 11 percent earnings growth and EPS at the high end of our guidance range. We improved operating margin by 30 basis points to 24.6 percent, with continued strong execution of Enterprise Initiatives... More
