Illinois Tool Works (ITW) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates

In its upcoming report, Illinois Tool Works (ITW) is predicted by Wall Street analysts to post quarterly earnings of $2.52 per share, reflecting a decline of 1.2% compared to the same period last year. Revenues are forecasted to be $4.02 billion, representing a year-over-year decrease of 0.3%. The consensus EPS estimate for the quarter has undergone a downward revision of 1.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their ...