24.10.2023 14:03:48 - dpa-AFX: Illinois Tool Works Inc Announces Increase In Q3 Income, Beats estimates

WASHINGTON (dpa-AFX) - Illinois Tool Works Inc (ITW) reported a profit for
its third quarter that increased from the same period last year and beat the
Street estimates.

The company's earnings totaled $772 million, or $2.55 per share. This compares
with $727 million, or $2.35 per share, in last year's third quarter.

Analysts on average had expected the company to earn $2.46 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 0.5% to $4.03 billion from $4.01
billion last year.

Illinois Tool Works Inc earnings at a glance (GAAP) :

-Earnings (Q3): $772 Mln. vs. $727 Mln. last year.
-EPS (Q3): $2.55 vs. $2.35 last year.
-Analyst Estimate: $2.46
-Revenue (Q3): $4.03 Bln vs. $4.01 Bln last year.

-Guidance:
Full year EPS guidance: $9.65 to $9.85


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Illinois Tool Works 861219 NYSE 250,330 10.05.24 22:00:05 +0,600 +0,24% 241,000 260,000 247,480 249,730

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