S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Bear Market Funds to Watch This Year
Shares of Walmart-backed Ibotta soar on public debut
Closing prices for crude oil, gold and other commodities

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

$248.83
-0.71 (-0.28%)
(As of 04/18/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Apr. 30
Before Market Opens
Confirmed
Actual EPS
(Feb. 1)
$2.42 Beat By $0.01
Consensus EPS
(Feb. 1)
$2.41
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$2.50$2.50$2.50 
Q3 20242$2.60$2.72$2.66 
Q4 20242$2.50$2.64$2.57 
FY 20248$9.93$10.21$10.07 
Q1 20252$2.48$2.51$2.50 
Q2 20252$2.67$2.67$2.67 
Q3 20252$2.72$2.92$2.82 
Q4 20252$2.66$2.84$2.75 
FY 20258$10.53$10.94 $10.74

ITW Earnings Date and Information

Illinois Tool Works last released its earnings results on February 1st, 2024. The industrial products company reported $2.42 earnings per share for the quarter, beating analysts' consensus estimates of $2.41 by $0.01. The company had revenue of $3.98 billion for the quarter, compared to analysts' expectations of $4.01 billion. Its revenue was up .3% compared to the same quarter last year. Illinois Tool Works has generated $9.74 earnings per share over the last year ($9.74 diluted earnings per share) and currently has a price-to-earnings ratio of 25.5. Earnings for Illinois Tool Works are expected to grow by 7.81% in the coming year, from $10.12 to $10.91 per share. Illinois Tool Works has confirmed that its next quarterly earnings report will be published on Tuesday, April 30th, 2024. Illinois Tool Works will be holding an earnings conference call on Tuesday, April 30th at 10:00 AM Eastern. Interested parties can register for or listen to the call. or dial in at 609-800-9909 with passcode "2756156".

Illinois Tool Works Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
4/30/2024
Confirmed)
-------  
2/1/2024Q4 2023$2.41$2.42+$0.01$2.46$4.01 billion$3.98 billion    
10/24/2023Q3 2023$2.46$2.55+$0.09$2.55$4.10 billion$4.03 billion      
8/1/2023Q2 2023$2.39$2.41+$0.02$2.34$4.14 billion$4.07 billion    
5/2/2023Q1 2023$2.23$2.33+$0.10$2.33$3.98 billion$4.02 billion      
2/2/2023Q4 2022$2.60$2.34($0.26)$1.73$3.90 billion$3.97 billion    
10/25/2022Q3 2022$2.25$2.35+$0.10$2.35$3.90 billion$4.01 billion      
8/2/2022Q2 2022$2.21$2.37+$0.16$2.37$3.98 billion$4.01 billion    
5/3/2022Q1 2022$2.07$2.11+$0.04$2.11$3.76 billion$3.94 billion    
2/3/2022Q4 2021$1.89$1.95+$0.06$1.97$3.55 billion$3.68 billion    
10/28/2021Q3 2021$2.01$2.02+$0.01$2.02$3.56 billion$3.56 billion    
7/30/2021Q2 2021$2.09$2.10+$0.01$1.75$3.56 billion$3.68 billion    
4/30/2021Q1 2021$1.90$2.11+$0.21$2.11$3.43 billion$3.54 billion    

Illinois Tool Works Earnings - Frequently Asked Questions

When is Illinois Tool Works's earnings date?

Illinois Tool Works has confirmed that its next quarterly earnings data will be published on Tuesday, April 30th, 2024. Learn more on ITW's earnings history.

Did Illinois Tool Works beat their earnings estimates last quarter?

In the previous quarter, Illinois Tool Works (NYSE:ITW) reported $2.42 earnings per share (EPS) to beat the analysts' consensus estimate of $2.41 by $0.01. Learn more on analysts' earnings estimate vs. ITW's actual earnings.

How can I listen to Illinois Tool Works's earnings conference call?

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

How can I read Illinois Tool Works's conference call transcript?

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

How much revenue does Illinois Tool Works generate each year?

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

How much profit does Illinois Tool Works generate each year?

Illinois Tool Works (NYSE:ITW) has a recorded net income of $2.96 billion. ITW has generated $9.74 earnings per share over the last four quarters.

What is Illinois Tool Works's price-to-earnings ratio?

Illinois Tool Works (NYSE:ITW) has a trailing price-to-earnings ratio of 25.55 and a forward price-to-earnings ratio of 24.59. The price/earnings-to-growth ratio is 3.67.

What is Illinois Tool Works's EPS forecast for next year?

Illinois Tool Works's earnings are expected to grow from $10.12 per share to $10.91 per share in the next year, which is a 7.81% increase.


More Earnings Resources from MarketBeat

This page (NYSE:ITW) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners