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Illinois Tool Works (NYSE:ITW) Updates FY 2023 Earnings Guidance

Illinois Tool Works (NYSE:ITW – Get Free Report) updated its FY 2023 earnings guidance on Tuesday. The company provided earnings per share guidance of $9.55-$9.95 for the period, compared to the consensus earnings per share estimate of $9.66. The company issued revenue guidance of $16.25 billion-$16.57 billion, compared to the consensus revenue estimate of $16.40 […] ....

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Illinois Tool Works (NYSE:ITW) Issues Earnings Results, Beats Estimates By $0.02 EPS

Illinois Tool Works (NYSE:ITW – Get Free Report) announced its quarterly earnings results on Tuesday. The industrial products company reported $2.41 EPS for the quarter, beating analysts’ consensus estimates of $2.39 by $0.02, Briefing.com reports. Illinois Tool Works had a return on equity of 92.13% and a net margin of 19.27%. The company had revenue […] ....

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Illinois Tool Works Inc. (NYSE:ITW) Stake Reduced by Mcdaniel Terry & Co.

Mcdaniel Terry & Co. lessened its holdings in Illinois Tool Works Inc. (NYSE:ITW – Free Report) by 2.7% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 171,568 shares of the industrial products company’s stock after selling 4,690 shares during the quarter. […] ....

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