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0.000147008379477497 0.000147008379477497 0.000588033517910404 -0.00127407262213956 0.000980055863184146 -0.00253589454598918 0.00178860195031107 0.00269515362375647
Stock impact report

Illinois Tool Works Up After Earnings, Revenue Beat Estimates [TheStreet.com]

Illinois Tool Works Inc. (ITW) 
Last illinois tool works inc. earnings: 1/31 08:00 am Check Earnings Report
US:NYSE Investor Relations: investor.itw.com
Company Research Source: TheStreet.com
Illinois Tool Works(ITWGet ReportShares of the Glenview, Ill., industrial group at last check were up 0.4% to $202.52. The stock on Friday touched a 52-week high above $208.As of Thursday's close it was 74% above the 52-week low just below $116, set in mid-March.Net income dropped 12% to $1.83 a share from $2.04 a share in the year-earlier period. Revenue slipped 4.9% to $3.3 billion from $3.47 billion.A survey of analysts by FactSet produced consensus estimates of net income of $1.47 a share on revenue of $2.98 billion.Operating margin in the third quarter narrowed to 23.8% from 25% in the year-ago period as lower volume and higher restructuring expenses were offset partly with benefits from enterprise initiatives, the company said."We saw solid recovery progress in many of the end markets we serve in the third quarter as evidenced by our revenue being up sequentially 29% versus the second quarter," Chairman and Chief Executive E. Scott Santi said in a statement.The company reported Show less Read more
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