Illinois Tool (ITW) Q2 Earnings Beat Estimates, Revenues Miss
ITW(ITW) ZACKS·2024-07-31 02:51
Illinois Tool Works Inc. (ITW) reported second-quarter 2024 adjusted earnings of 2.45. Earnings increased 2% year over year.Illinois Tool’s revenues 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 ...