ITW Reports Second Quarter 2021 Results

Go back to ITW Reports Second Quarter 2021 Results

Illinois Tool Works (ITW) Tops Q2 EPS by 41c

July 30, 2021 8:01 AM EDT

Illinois Tool Works (NYSE: ITW) reported Q2 EPS of $2.45, $0.41 better than the analyst estimate of $2.04. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.52 billion.

GUIDANCE:

Illinois Tool Works sees FY2021 EPS of $8.55-$8.95, versus the consensus of $8.51.

The company is raising its full-year GAAP EPS guidance to $8.55 to $8.95 per share, an... More