The consensus estimate for revenues is pegged at $4.09 billion, up 0.4% from the year-ago quarter's reported figure. The consensus estimate for adjusted earnings is pinned at $2.46 per share, indicating 2.1% growth from the year-ago quarter's reported number. Factors to Note Increased equipment sales, driven by higher demand in Europe and North America, are likely to have driven the Specialty Products segment's growth. Also, strong momentum in the ground support equipment and consumer packaging businesses a ...

Zacks Consensus Estimate Revenues are expected to be $4.09 billion, up 0.4% from the year-ago quarter. Earnings Whisper A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP. How Have the Numbers Shaped Up for Illinois Tool Works? O ...

GLENVIEW, Ill., July 12, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its second quarter 2024 results on Tuesday, July 30, 2024 at 7:00 a.m. CDT. Following the release, ITW will hold its second quarter 2024 earnings webcast at 9:00 a.m. CDT. To access the webcast for the event, please click on the following link: ITW Q2 2024 Earnings Webcast Following the webcast, presentation materials and an audio webcast replay will be available at http://investor.itw.com. An audio-only replay ...

GLENVIEW, Ill., July 12, 2024 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) will issue its second quarter 2024 results on Tuesday, July 30, 2024 at 7:00 a.m. CDT. Following the release, ITW will hold its second quarter 2024 earnings webcast at 9:00 a.m. CDT. To access the webcast for the event, please click on the following link: ITW Q2 2024 Earnings Webcast If you are a participant on the conference call, please dial 1-888-660-6652 (domestic) or 1-646-960-0554 (international) 10 minutes prior to ...

Dividend stocks can be excellent investments to generate passive income. The best dividend-paying companies have steady earnings growth, and in turn, they increase their payouts to shareholders. The elite among them eventually may earn entry into the category of Dividend Kings -- companies that have raised their payouts annually for at least 50 consecutive years. In addition to being a Dividend King, PepsiCo (PEP -1.24%) has a yield of 3.3% at its current share price -- high relative to the average yield of ...

In the past month, the Zacks Rank #3 (Hold) company has lost 4.6% compared with the industry's 6.7% decline. However, softness in the consumer electronics and semiconductor end markets is affecting revenues at Illinois Tool's Test & Measurement and Electronics segment (revenues down 0.9% year over year in the first quarter). Also, lower demand in North America and Asia Pacific is affecting the segment's electronics assembly businesses. ITW's focus on cost management and enterprise initiatives has been suppo ...

Illinois Tool Works in Focus ITW is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2024 is $10.22 per share, with earnings expected to increase 4.50% from the year ago period. Big, established firms that have more secure profits are often seen as the best dividend options, but it's fairly uncommon to see high-growth businesses or tech start-ups offer their stockholders a dividend. During periods of rising interest rates, income investors must be mindful that high-yie ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Value Score Value investors love finding good stocks at good prices, especially before the broader ...

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. However, when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yie ...

primeimages Investment Thesis Illinois Tool Works Inc.'s (NYSE:ITW) revenue growth is poised to benefit from easier year-over-year comparisons and stable underlying demand in the coming quarters. While the company's sales, particularly in the Specialty Products business, are expected to be impacted by the Product Line Simplification initiative for a couple of more quarters, once completed, it will position the company for good growth in the medium to long term. In addition, the company's focus on Customer-B ...