Illinois Tool Works (ITW) Reports Q1 Earnings: What Key Metrics Have to Say
ITWITW(ITW) Zacks Investment Research·2024-04-30 23:01

Illinois Tool Works (ITW) reported 3.97billioninrevenueforthequarterendedMarch2024,representingayearoveryeardeclineof1.13.97 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 2.33ayearago.Thereportedrevenuerepresentsasurpriseof1.182.33 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 ...