ITW Q2 Earnings Miss Consensus; Revenue Beats Targets

Illinois Tool Works ITW has reported its Q2 EPS $0.83, as compared to the consensus of $0.84. The company’s Q2 revenue came in at $4.08 billion, beating the Street view of $4.02 billion. Illinois Tool Works has projected its EPS for the third quarter at $0.72-$0.84 and revenue growth of 9%-13%, while analysts’ expectations stand at $0.80. Read more from Benzinga's Company news.