Exploring Analyst Estimates for Illinois Tool Works (ITW) Q2 Earnings, Beyond Revenue and EPS

In its upcoming report, Illinois Tool Works (ITW) is predicted by Wall Street analysts to post quarterly earnings of $2.56 per share, reflecting an increase of 0.8% compared to the same period last year. Revenues are forecasted to be $4.01 billion, representing a year-over-year decrease of 0.4%.The consensus EPS estimate for the quarter has been revised 0.6% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estima ...