Illinois Tool Works (NYSE:ITW) reported its Q3 earnings results on Tuesday, October 25, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Illinois Tool Works beat estimated earnings by 4.44%, reporting an EPS of $2.35 versus an estimate of $2.25.
Revenue was up $455.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 1.78% increase in the share price the next day.
Here's a look at Illinois Tool Works's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.21 | 2.06 | 1.90 | 2.01 |
| EPS Actual | 2.21 | 2.11 | 1.95 | 1.96 |
| Revenue Estimate | 3.98B | 3.75B | 3.55B | 3.56B |
| Revenue Actual | 4.01B | 3.94B | 3.68B | 3.56B |
To track all earnings releases for Illinois Tool Works visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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