Illinois Tool Works (ITW) Beats Q4 Earnings Estimates

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 ...