Illinois Tool Works Down Over 8% on Downbeat Earnings

Illinois Tool Works ITW is down over 8% on downbeat earnings that were reported earlier this morning. The company reported Q2 EPS of $0.96 vs. $1.02 Est and revenues of $4.61B vs. $4.69B Est. Illinois Tool Works is currently trading at $52.18 a loss of $4.83 or 8.47%.