All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yie ...

Illinois Tool Works Inc. (ITW) is poised to gain from strength in the Automotive OEM (Original Equipment Manufacturer) segment, stable underlying demand and improving supply chains despite softness in the semiconductor end market and foreign currency woes. What’s Aiding ITW? Business Strength: Illinois Tool is benefiting from stable underlying demand and improving supply chains. Strong momentum in the EV markets, customer mix and product line simplification activities are boosting revenues in the Automotive ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus. Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a divide ...

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GLENVIEW, Ill., May 03, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Illinois Tool Works Inc. (NYSE:ITW) declared a dividend on the company's common stock of $1.40 per share for the 2nd quarter of 2024. The dividend equates to $5.60 per share on a full-year basis. The dividend will be paid on July 11, 2024 to shareholders of record as of June 28, 2024. About Illinois Tool Works ITW (NYSE:ITW) is a Fortune 200 global multi-industry manufacturing leader with revenue of $16.1 billion in 2023. The company ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number: 1-4797 ILLINOIS TOOL WORKS INC. (Exact name of registrant as specified in its charter) Delaware 36- ...

Illinois Tool Works Inc. (ITW) reported first-quarter 2024 adjusted earnings of $2.44 per share, which surpassed the Zacks Consensus Estimate of $2.35. Earnings increased 5% year over year. Illinois Tool’s revenues of $3.97 billion missed the consensus estimate of $4.02 billion. The top line inched down 1.1% year over year due to an unfavorable foreign currency translation of 0.4%. Also, organic sales decreased 0.5% and divestitures reduced revenues by 0.6%. Segmental Performance Test & Measurement and Elec ...

Illinois Tool Works Inc. (NYSE:ITW) Q1 2024 Earnings Conference Call April 30, 2024 10:00 AM ET Company Participants Erin Linnihan - VP, IR Karen Fletcher - VP, IR Christopher O'Herlihy - President and CEO Michael Larsen - SVP and CFO Conference Call Participants Jamie Cook - Truist Securities Tami Zakaria - JPMorgan Steve Volkmann - Jefferies Andy Kaplowitz - Citigroup Sabrina Abrams - Bank of America Mig Dobre - Baird Matthew Pan - Barclays Operator Good morning. My name is Krista, and I will be your conf ...

Illinois Tool Works (ITW) reported $3.97 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 1.1%. EPS of $2.44 for the same period compares to $2.33 a year ago. The reported revenue represents a surprise of -1.18% over the Zacks Consensus Estimate of $4.02 billion. With the consensus EPS estimate being $2.35, the EPS surprise was +3.83%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...

Exhibit 99.1 ITW Reports First Quarter 2024 Results • Revenue of $4.0 billion, organic growth declined (0.6)% as expected • Operating income of $1.13 billion, an increase of 16% includes $117 million benefit from a one-time LIFO accounting change (“item”); ex-item, operating income was $1.01 billion, an increase of 4% • Operating margin of 28.4%, an increase of 420 bps; 25.4% ex-item, an increase of 120 bps as enterprise initiatives contributed 140 bps • GAAP EPS of $2.73, an increase of 17%; EPS of $2.44 e ...