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Stockreport

ITW Reports Fourth-Quarter and Full-Year 2017 Results

ILLINOIS TOOL WORKS (ITW)  More Company Research Source: GlobeNewswire
Last illinois tool works earnings: 1/24 08:00 am Check Earnings Report
PDF Fourth-Quarter 2017 Highlights: Total revenue was $3.6 billion, an increase of 7%; organic growth was 4%Operating margin was 23.4%, an increase of 160 bpsGAAP EPS was $(0.22), including a $658 million one-time tax chargeExcluding the one-time tax charge, EPS was $1.70, an increase of 17% Full-Year 2017 Highlights: Total revenue was $14.3 billion, an increase of 5%; organic growth was 3%Operating margin was 24.4%, an increase of 190 bpsAfter-tax ROIC was 24.4%, an increase of 230 bpsGAAP EPS was $4.86, including the one-time tax charge and a previously disclosed favorable legal settlementEPS was $6.59 excluding these two items, an increase of 16% 2018 Guidance: Raising GAAP EPS guidance by 6% at the midpoint to $7.45 to $7.65 and accelerating previously announced plans to increase dividend pay-out ratio GLENVIEW, Ill., Jan. 24, 2018 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE:ITW) today reported its fourth-quarter and full-year 2017 results. “The ITW team [Read more]

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