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ITW — Illinois Tool Works News Story

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Illinois Tool Works Inc reports results for the quarter ended June 30 - Earnings Summary

Illinois Tool Works Inc ITW.N reported quarterly adjusted earnings of $2.58​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $2.54.  The mean expectation of eighteen analysts for the quarter was for earnings of $2.56 per share. Wall Street expected results to range from $2.46  to $2.63 per share.

Revenue rose 0.6% to $4.05 billion from a year ago; analysts expected $4.02 billion.

Illinois Tool Works Inc's reported EPS for the quarter was $2.58​.

The company reported quarterly net income of $755 million.

Illinois Tool Works Inc shares had risen by 5.0% this quarter and gained 2.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.3% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 12 "hold" and 5 "sell" or "strong sell." The average consensus recommendation for the consumer goods conglomerates peer group is  "buy."

Wall Street's median 12-month price target for Illinois Tool Works Inc is $252.00, about 3% below its last closing price of $259.50

This summary was machine generated from LSEG data July 30 at 01:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20252.562.58Beat
Mar. 31 20252.352.38Beat
Dec. 31 20242.502.54Beat
Sep. 30 20242.532.65Beat

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