ITW Stock Recent News
ITW LATEST HEADLINES
Illinois Tool Works Inc. (NYSE:ITW ) Q2 2024 Earnings Conference Call July 30, 2024 10:00 AM ET Company Participants Erin Linnihan - VP, IR Christopher O'Herlihy - President and CEO Michael Larsen - SVP and CFO Conference Call Participants Andy Kaplowitz - Citigroup Scott Davis - Melius Research Tami Zakaria - JPMorgan Joe Ritchie - Goldman Sachs Julian Mitchell - Barclays Walt Liptak - Seaport Global Operator Good morning. My name is Audra, and I will be your conference operator today.
While the top- and bottom-line numbers for Illinois Tool Works (ITW) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Illinois Tool Works (ITW) came out with quarterly earnings of $2.54 per share, beating the Zacks Consensus Estimate of $2.45 per share. This compares to earnings of $2.41 per share a year ago.
GLENVIEW, Ill., July 30, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its second quarter 2024 results and updated guidance for full-year 2024.
Evaluate the expected performance of Illinois Tool Works (ITW) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Illinois Tool's (ITW) second-quarter results are likely to gain from strength across Automotive OEM and Specialty Products units. Softness in the Food Equipment segment is expected to have weighed on results.
Illinois Tool Works will publish its Q2 results on July 30 before market hours. We touch upon the key themes that could dominate the earnings event. Despite the correction this year, the stock still looks expensive from a valuation perspective, and may not appeal to rotational specialists who focus on the dividend aristocrat universe.
Illinois Tool Works (ITW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Shares of retail giant Walmart are soaring, but they're worth the premium price. Procter & Gamble is an ultra-safe stock that passes along profits to shareholders.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Illinois Tool Works (ITW) have what it takes?