Illinois Tool (ITW) to Report Q2 Earnings: What to Expect

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 ...