GLENVIEW, Ill. (AP) — GLENVIEW, Ill. (AP) — Illinois Tool Works Inc. (ITW) on Tuesday reported second-quarter profit of $815 million.
On a per-share basis, the Glenview, Illinois-based company said it had net income of $2.84.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.80 per share.
The equipment manufacturer for the transportation, power, food and construction industries posted revenue of $4.3 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $4.18 billion.
Illinois Tool Works expects full-year earnings to be $11.35 to $11.55 per share.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ITW at https://www.zacks.com/ap/ITW
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
