Illinois Tool Works (ITW) Reports Q1 Earnings: What Key Metrics Have to Say

Illinois Tool Works (ITW) reported $3.97 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 1.1$2.44 for the same period compares to $2.33 a year ago.The reported revenue represents a surprise of -1.18$4.02 billion. With the consensus EPS estimate being $2.35, the EPS surprise was +3.83%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall St ...