Illinois Tool Works: Q1 Earnings Snapshot
GLENVIEW, Ill. (AP) — GLENVIEW, Ill. (AP) — Illinois Tool Works Inc. (ITW) on Tuesday reported first-quarter profit of $714 million. On a per-share...
May 9, 2023
6:30 PM
GLENVIEW, Ill. (AP) — GLENVIEW, Ill. (AP) — Illinois Tool Works Inc. (ITW) on Tuesday reported first-quarter profit of $714 million. On a per-share basis, the Glenview, Illinois-based company said it had net income of $2.33. The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.18 per share. The equipment manufacturer for the transportation, power, food and construction industries posted revenue of $4.
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