Illinois Tool Works (ITW) Tops Q3 EPS by 37c, Revenues Beat
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ITW Reports Third Quarter 2020 Results
October 23, 2020 8:00 AM EDTTotal 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 income
GLENVIEW, Ill., Oct. 23, 2020 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its third quarter 2020 results.
We saw solid recovery progress in many of the end markets we serve in the third quarter as evidenced by our revenue being up sequentially 29 percent versus second quarter. Our people around the world responded by... More
