Illinois Tool Works Inc. (NYSE:ITW) Q4 2024 Earnings Conference Call February 5, 2025 10:00 AM ET Company Participants Erin Linnihan - Vice President, Investor Relations Chris O'Herlihy - President & Chief Executive Officer Michael Larsen - Senior Vice President & Chief Financial Officer Conference Call Participants Stephen Volkmann - Jefferies Scott Davis - Melius Research Andrew Kaplowitz - Citi Group Jeff Sprague - Vertical Research Jamie Cook - Truist Securities Joe Ritchie - Goldman Sachs Tami Zakaria ...

Illinois Tool Works (ITW) reported $3.93 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 1.3%. EPS of $2.54 for the same period compares to $2.42 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.98 billion, representing a surprise of -1.21%. The company delivered an EPS surprise of +2.01%, with the consensus EPS estimate being $2.49.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Forward-Looking Statements Safe Harbor Statement Fourth Quarter 2024 Earnings Conference Call February 5, 2025 This presentation and related conference call contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements regarding global supply chain challenges, expected impact of inflation including raw material inflation and rising interest rates, the impact of enterprise initiatives, future financia ...

Illinois Tool Works (ITW) came out with quarterly earnings of $2.54 per share, beating the Zacks Consensus Estimate of $2.49 per share. This compares to earnings of $2.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.01%. A quarter ago, it was expected that this equipment manufacturer for the transportation, power, food and construction industries would post earnings of $2.53 per share when it actually produced earnings of ...

Exhibit 99.1 ITW Reports Fourth Quarter and Full Year 2024 Results Fourth Quarter 2024 Highlights 2024 Highlights 2025 Guidance GLENVIEW, IL., February 5, 2025 - Illinois Tool Works Inc. (NYSE: ITW) today reported its fourth quarter and full year 2024 results and initiated guidance for full year 2025. "ITW delivered a solid finish to the year as we outperformed underlying end markets, expanded operating margin by 140 basis points, generated record free cash flow, and delivered seven percent earnings per sha ...

Fourth Quarter 2024 Highlights Revenue of $3.9 billion, a decrease of 1.3% as organic growth declined 0.5%; Organic growth of 0.4% turned positive excluding Product Line Simplification (PLS) reduction of 0.9%Record operating margin of 26.2%, an increase of 140 bps as enterprise initiatives contributed 120 bpsOperating cash flow of $1.1B; record free cash flow of $1B, an increase of 10% with a conversion of 133%GAAP EPS of $2.54, an increase of 7% 2024 Highlights Revenue of $15.9 billion, a decrease of 1.3% ...

Wall Street analysts forecast that Illinois Tool Works (ITW) will report quarterly earnings of $2.50 per share in its upcoming release, pointing to a year-over-year increase of 3.3%. It is anticipated that revenues will amount to $4.01 billion, exhibiting an increase of 0.6% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 0.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have rea ...

Illinois Tool Works Inc. (ITW) is scheduled to release fourth-quarter 2024 results on Feb. 5, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for fourth-quarter earnings has remained steady in the past 60 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters. The average surprise was 3.3%.The consensus estimate for revenues is pegged at $4 billio ...

Illinois Tool Works Inc. (ITW) has failed to impress investors with its recent operational performance due to softness in the Test & Measurement, Welding and Construction Products segments. Also, widespread operation exposes it to forex woes.Based in Glenview, IL, Illinois Tool is a worldwide manufacturer of highly engineered products and specialty systems. The company's diversified range of industrial products and equipment is sold in multiple countries.In the past year, this Zacks Rank #4 (Sell) company’s ...

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