Recap: Illinois Tool Works Q3 Earnings

Recap: Illinois Tool Works Q3 Earnings

Illinois Tool Works 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.

Posted In: BZI-RecapsEarnings