Illinois Tool Works Inc logo

ITW - Illinois Tool Works Inc News Story

$226.82 4.0  1.8%

Last Trade - 21/04/21

Sector
Industrials
Size
Large Cap
Market Cap £51.54bn
Enterprise Value £55.53bn
Revenue £9.03bn
Position in Universe 177th / 6852

BRIEF-ITW Reports Fourth Quarter And Full Year 2020 Results

Fri 5th February, 2021 1:07pm
Feb 5 (Reuters) - Illinois Tool Works Inc  ITW.N :
    * ITW REPORTS FOURTH QUARTER AND FULL YEAR 2020 RESULTS
    * Q4 REVENUE $3.5 BILLION VERSUS REFINITIV IBES ESTIMATE OF
$3.33
BILLION
    * SEES FY 2021 GAAP EARNINGS PER SHARE $7.60 TO $8.00
    * Q4 GAAP EARNINGS PER SHARE $2.02
    * Q4 EARNINGS PER SHARE ESTIMATE $1.79 -- REFINITIV IBES
DATA
    * SEES 2021 ORGANIC GROWTH OF 7 TO 10%
    * 2021 REVENUE IS EXPECTED TO GROW IN RANGE OF NINE TO
TWELVE
PERCENT
    * PLANS TO REPURCHASE APPROXIMATELY $1 BILLION OF ITS SHARES
IN
2021
    * FY2021 REVENUE VIEW $13.72 BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX2Gcm67 
Further company coverage:  ITW.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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