On Wednesday 30th October 2024, Illinois Tool Works (NYSE: ITW) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur before market open.
According to predictions from financial analysts on Wall Street, the business is expected to report an estimated per share $2.53 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $4.02 billion during this period.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $16.05 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $10.29 over the course of the fiscal year.
In the preceding quarter of the previous year, the company shared its financial results, revealing that it had income of $2.55 per share.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.54 | +5.4% | 4.03 B | -1.2% |
| Q1 2024 | $2.44 | +4.7% | 3.97 B | -1.1% |
| Q4 2023 | $2.42 | +3.4% | 3.98 B | +0.3% |
| Q3 2023 | $2.55 | +8.5% | 4.03 B | +0.5% |
| Q2 2023 | $2.41 | +9.0% | 4.07 B | +1.6% |
| *Growth on year-over-year basis | ||||
ITW will host a conference call with investment community on 30th October 2024 at 10:00 AM eastern time to discuss the financial results.
Throughout Monday's trading, Illinois Tool Works (ITW) shares fluctuated between $255.72 and $258.52, with a trading volume of 753.80 thousand shares. The stock ended the regular trading session at $256.87, showing an upturn of 1.10 percent.
