Free Trial

Illinois Tool Works (ITW) Earnings Date, Estimates & Call Transcripts

Illinois Tool Works logo
$275.18 -0.72 (-0.26%)
(As of 03:48 PM ET)

Illinois Tool Works Latest Earnings Summary

Actual EPS
(Oct. 30)
$2.65 Beat By $0.12
Consensus EPS
(Oct. 30)
$2.53

Illinois Tool Works announced Q3 2024 earnings on October 30, 2024, reporting an EPS of $2.65, which topped the consensus estimate of $2.53 by $0.12. Quarterly revenue fell 1.6% year-over-year to $3.97 billion, below analyst estimates of $4.02 billion. With a trailing EPS of $11.56 and a P/E Ratio of 23.80, Illinois Tool Works' earnings are expected to grow 5.13% next year, from $10.13 to $10.65 per share.

Get Illinois Tool Works Earnings Alerts

Want to stay updated on the latest earnings announcements and upcoming reports? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Illinois Tool Works and other key companies, straight to your inbox.

Sign Up
Skip Charts & View Estimated and Actual Earnings Data

ITW Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ITW Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Illinois Tool Works Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$2.33$2.35$2.34 
Q2 20242$2.46$2.50$2.48 
Q3 20242$2.54$2.67$2.61 
Q4 20242$2.48$2.53$2.51 
FY 20248$9.81$10.05$9.93 
Q1 20252$2.47$2.48$2.48 
Q2 20252$2.64$2.67$2.66 
Q3 20252$2.70$2.71$2.71 
Q4 20252$2.63$2.72$2.68 
FY 20258$10.44$10.58$10.51 
Q1 20261$2.67$2.67$2.67 
Q2 20261$2.85$2.85$2.85 
Q3 20261$2.85$2.85$2.85 

Illinois Tool Works Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/30/2024Q3 2024$2.53$2.65+$0.12$1.39$4.02B$3.97B
7/30/2024Q2 2024$2.45$2.54+$0.09$2.54$4.08B$4.03B
4/30/2024Q1 2024$2.35$2.44+$0.09$2.15$4.03B$3.97B
2/1/2024Q4 2023$2.41$2.42+$0.01$2.46$4.01B$3.98B
10/24/2023Q3 2023$2.46$2.55+$0.09$2.55$4.10B$4.03B
8/1/2023Q2 2023$2.39$2.41+$0.02$2.34$4.14B$4.07B
5/2/2023Q1 2023$2.23$2.33+$0.10$2.33$3.98B$4.02B
2/2/2023Q4 2022$2.60$2.34 -$0.26$1.73$3.90B$3.97B

Illinois Tool Works Earnings - Frequently Asked Questions

Illinois Tool Works (NYSE:ITW) last announced its quarterly earning data on Wednesday, October 30, 2024. Learn more on ITW's earnings history.

Illinois Tool Works updated its FY 2024 earnings guidance on Wednesday, October, 30th. The company provided earnings per share (EPS) guidance of 11.630-11.730 for the period, compared to the consensus earnings per share estimate of 10.280. The company issued revenue guidance of $16.1 billion-$16.1 billion, compared to the consensus revenue estimate of $16.1 billion.

In the previous quarter, Illinois Tool Works (NYSE:ITW) reported $2.65 earnings per share (EPS) to beat the analysts' consensus estimate of $2.53 by $0.12. Learn more on analysts' earnings estimate vs. ITW's actual earnings.

The conference call for Illinois Tool Works's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Illinois Tool Works's latest earnings report can be read online.
Read Transcript

Illinois Tool Works's earnings report can be found in their filing with the SEC.
View SEC filing

Illinois Tool Works (NYSE:ITW) has a recorded annual revenue of $16.11 billion.

Illinois Tool Works (NYSE:ITW) has a recorded net income of $2.96 billion. ITW has generated $11.56 earnings per share over the last four quarters.

Illinois Tool Works (NYSE:ITW) has a trailing price-to-earnings ratio of 23.82 and a forward price-to-earnings ratio of 27.19. The price/earnings-to-growth ratio is 4.28.

Illinois Tool Works's earnings are expected to grow from $10.13 per share to $10.65 per share in the next year, which is a 5.13% increase.

More Earnings Resources from MarketBeat



This page (NYSE:ITW) was last updated on 12/5/2024 by MarketBeat.com Staff
From Our Partners