Illinois Tool Works (ITW) Q4 2024 Earnings Call Transcript
At this time, I would like to welcome everyone to the ITW's fourth-quarter earnings conference call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session.
Illinois Tool Works (ITW) Gets a Buy from Truist Financial
Truist Financial analyst Jamie Cook maintained a Buy rating on Illinois Tool Works (ITW – Research Report) today and set a price target of
Illinois Tool Q4 Earnings Surpass Estimates, Revenues Miss
ITW's fourth-quarter 2024 results benefit from revenue growth in the Food Equipment and Test & Measurement and Electronics segments.
Illinois Tool Works targets 3% organic growth in 2025 with higher margins
ITW provided full-year 2025 guidance, projecting organic growth of 1% to 3%, excluding a 1% decline from PLS. GAAP EPS is forecasted between $10.15 and $10.55, with a midpoint of $10.35 reflecting non-operational headwinds, including a $0.30 foreign currency impact.
Illinois Tool Works price target lowered to $262 from $265 at Barclays
Barclays lowered the firm’s price target on Illinois Tool Works (ITW) to $262 from $265 and keeps an Equal Weight rating on the shares.Maximize
Illinois Tool Works: Q4 Earnings Snapshot
On a per-share basis, the Glenview, Illinois-based company said it had net income of $2.54. The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.49 per share.
Illinois Tool Works Full Year 2024 Earnings: EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.6%. Looking ahead, revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in the US.
Truist cuts Illinois Tool Works price target to $302, maintains Buy
Truist Securities adjusted its outlook on Illinois Tool Works (NYSE:ITW), reducing the price target to $302 from $318 while maintaining a Buy rating on the company's stock. According to InvestingPro data,
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Illinois Tool Works (NYSE:ITW) Reports Sales Below Analyst Estimates In Q4 Earnings
Manufacturing company Illinois Tool Works (NYSE:ITW) in Q4 CY2024, with sales falling 1.3% year on year to $3.93 billion. Its ...
Illinois Tool Works forecasts 2025 profit below estimates
Illinois Tool Works on Wednesday forecast annual profit below Wall Street expectations, as high borrowing rates and sticky inflation force customers to slow investments on industrial equipment.
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Illinois Tool Works (NYSE:ITW) Stock Quotes, Forecast and News Summary
Illinois Tool Works raised its GAAP EPS forecast to $11.63 to $11.73 from $10.30-$10.40 versus consensus of $10.29. Akanksha Bakshi Tech Stocks Drop Ahead Of Key Earnings; Nvidia Falls ...
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Illinois Tool Works Inc
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Illinois Tool Works Issues FY25 Guidance
Illinois Tool Works (ITW) said the company is initiating 2025 guidance including GAAP EPS in the range of $10.15 to $10.55, which ...