Illinois Tool Works Inc. (ITW) reported second-quarter 2024 adjusted earnings of $2.54 per share, which surpassed the Zacks Consensus Estimate of $2.45. Earnings increased 2% year over year.Illinois Tool’s revenues of $4.0 billion missed the consensus estimate of $4.1 billion. The top line inched down 1.2% year over year due to an unfavorable foreign currency translation of 1.2%. Also, organic sales decreased 0.1% while acquisition increased revenues by 0.1%.Segmental PerformanceTest & Measurement and Elect ...