ITW Reports Second Quarter 2022 Results

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Illinois Tool Works (ITW) Tops Q2 EPS by 16c; Maintains Outlook

August 2, 2022 8:03 AM EDT

Illinois Tool Works (NYSE: ITW) reported Q2 EPS of $2.37, $0.16 better than the analyst estimate of $2.21. Revenue for the quarter came in at $4 billion versus the consensus estimate of $3.97 billion.

GUIDANCE:

Illinois Tool Works maintains FY2022 EPS of $9.00-$9.40, versus the consensus of $9.04.... More