Illinois Tool Works Inc Earnings Climb In Q1
WASHINGTON (dpa-AFX) - Illinois Tool Works Inc (ITW) revealed a profit for its first quarter that climbed from the same period last year.
The company s earnings came in at $671 million, or $2.11 per share. This compares with $566 million, or $1.77 per share, in last year s first quarter.
Analysts had expected the company to earn $1.90 per share, according to figures compiled by Thomson Reuters. Analysts estimates typically exclude special items.
The company s revenue for the quarter rose 9.6% to $3.54 billion from $3.23 billion last year.
Illinois Tool Works Inc earnings at a glance:
-Earnings (Q1): $671 Mln. vs. $566 Mln. last year.
Amphenol Reports Q1 2021 Results, Announces New Stock Repurchase Program
Amphenol Corporation has reported first quarter 2021 results and announced a new three-year, $2 billion stock repurchase program.
First Quarter 2021 Highlights:
1 compared to the first quarter 2020
GAAP diluted EPS of $0.53, up 33% compared to the prior year period
Adjusted Diluted EPS
Operating margin of 19.6%
1 of $243 million
Closed on the acquisition of MTS Systems Corporation
Announces a new three-year, $2 billion open market stock repurchase program
“I am very proud that our team drove results that significantly exceeded our expectations in the first quarter 2021, while still prioritizing the safety and health of our employees worldwide amidst the ongoing COVID-19 pandemic,” said Amphenol President and Chief Executive Officer, R. Adam Norwitt.
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