Illinois Tool Works (ITW) Misses Q3 EPS by 1c

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ITW Reports Third Quarter 2021 Results

October 28, 2021 8:00 AM EDT

Total revenue of $3.6 billion, an increase of 8% with organic revenue growth of 6%Operating margin of 23.8%; Enterprise initiatives contributed 100 basis pointsGAAP EPS of $2.02, an increase of 10%Updated full year guidance with organic growth of 11 to 12% and EPS growth of 25 to 28%

GLENVIEW, IL., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its third quarter 2021 results.

We saw continued strong growth momentum in six of our... More