Illinois Tool Works (ITW) Q2 Earnings and Revenues Top Estimates

Core Insights - Illinois Tool Works (ITW) reported quarterly earnings of $2.58 per share, exceeding the Zacks Consensus Estimate of $2.56 per share, and showing an increase from $2.54 per share a year ago [1][2] - The company achieved revenues of $4.05 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.08% and slightly up from $4.03 billion year-over-year [3] Earnings Performance - The earnings surprise for the quarter was +0.78%, and ITW has surpassed consensus EPS estimates in all four quarters over the past year [2] - The previous quarter's earnings were also above expectations, with actual earnings of $2.38 per share compared to an estimate of $2.34 per share, resulting in a surprise of +1.71% [2] Stock Performance and Outlook - ITW shares have increased by approximately 2.3% since the beginning of the year, while the S&P 500 has gained 8.3% [4] - The current consensus EPS estimate for the upcoming quarter is $2.67, with expected revenues of $4.03 billion, and for the current fiscal year, the estimate is $10.30 on revenues of $15.91 billion [8] Industry Context - The Manufacturing - General Industrial industry, to which ITW belongs, is currently ranked in the top 10% of over 250 Zacks industries, indicating a favorable outlook [9] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact ITW's stock performance [6][9]