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home / news releases / ITW - Illinois Tool Works Q2 2021 Earnings Preview

ITW - Illinois Tool Works Q2 2021 Earnings Preview

Illinois Tool Works Inc.
Illinois Tool Works (NYSE:ITW) is scheduled to announce Q2 earnings results on Friday, July 30th, before market open. The consensus EPS Estimate is $2.09 and the consensus Revenue Estimate is $3.56B (+39.1% Y/Y). Revenue bifurcation: Automotive revenue estimate $727.1M; Specialty products revenue estimate $464.6M; Test & measurement and electronics revenue estimate $564.3M; Food equipment revenue estimate $477.3M; Polymers & fluids revenue estimate $445.7M; Welding revenue estimate $398.1M Capital expenditure estimate $73.3M Over the last 1 year, ITW has beaten EPS estimates 75% of the time and has beaten revenue estimates 25% of the time. Over the last 3 months, EPS estimates have seen 12 upward revisions and 0 downward. Revenue estimates have seen 12 upward revisions and 1 downward. A quick review of the stock by contributor 'Illinois Tool Works: Q2 Portfolio Review' Stock beat expectations during the last quarter with a 19% growth in operating income.

For further details see:

Illinois Tool Works Q2 2021 Earnings Preview
Stock Information
Company Name: Illinois Tool Works Inc.
Stock Symbol: ITW
Market: NYSE
Website: itw.com
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