ITW Reports Third Quarter 2020 Results
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Illinois Tool Works (ITW) Tops Q3 EPS by 37c, Revenues Beat
October 23, 2020 8:02 AM EDTIllinois Tool Works (NYSE: ITW) reported Q3 EPS of $1.83, $0.37 better than the analyst estimate of $1.46. Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $2.97 billion.
Total revenue of $3.3 billion as revenue increased 29 percent versus Q2 2020Operating margin of 23.8%GAAP EPS of $1.83After-tax ROIC of 29.6%Free cash flow was 108% of net incomeWe saw solid recovery... More
