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S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Why Your IRA Could Crash on June 16th (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Global shares mostly rise despite worries about US debt talks
Why Your IRA Could Crash on June 16th (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Buy THIS stock before Taiwan is attacked (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Why Your IRA Could Crash on June 16th (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Global shares mostly rise despite worries about US debt talks
Why Your IRA Could Crash on June 16th (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Buy THIS stock before Taiwan is attacked (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain
S&P 500   4,191.98
DOW   33,426.63
QQQ   336.51
Mount Etna volcano erupts, raining ash on Catania, forcing flight suspension at local airport
Why Your IRA Could Crash on June 16th (Ad)
China tells tech manufacturers to stop using Micron chips, stepping up feud with United States
Stock market today: Global shares mostly rise despite worries about US debt talks
Why Your IRA Could Crash on June 16th (Ad)
SpaceX launches two Saudi astronauts on private flight to space station
Civil rights groups warn tourists about Florida in wake of 'hostile' laws
Buy THIS stock before Taiwan is attacked (Ad)
South Korean, German leaders agree to cooperate on supply chains, North Korea
Animal rights activists protest octopus farm plans in Spain

Illinois Tool Works (ITW) Earnings Date, Estimates & Call Transcripts

$228.04
+0.38 (+0.17%)
(As of 05/19/2023 08:48 PM ET)
Compare
Today's Range
$226.16
$230.00
50-Day Range
$226.00
$245.81
52-Week Range
$173.52
$253.37
Volume
1.97 million shs
Average Volume
1.10 million shs
Market Capitalization
$69.30 billion
P/E Ratio
22.80
Dividend Yield
2.30%
Price Target
$228.21

Earnings Summary

Upcoming
Earnings Date
Aug. 1Estimated
Actual EPS
(May. 2)
$2.33 Beat By $0.10
Consensus EPS
(May. 2)
$2.23
Last Year's Q2 EPS
(5/3/2022)
$2.11
Skip Charts & View Estimated and Actual Earnings Data

ITW Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

ITW Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Illinois Tool Works Analyst Forecasts

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20232$2.01$2.25$2.13 
Q2 20233$2.39$2.40$2.40 
Q3 20233$2.40$2.50$2.45 
Q4 20233$2.25$2.54$2.40 
FY 202311$9.05$9.69$9.38 
Q1 20242$2.34$2.41$2.38 
Q2 20242$2.44$2.51$2.48 
Q3 20242$2.47$2.64$2.56 
Q4 20242$2.51$2.69$2.60 
FY 20248$9.76$10.25$10.01 
Q1 20251$2.62$2.62$2.62 

ITW Earnings Date and Information

Illinois Tool Works last announced its quarterly earnings results on May 2nd, 2023. The industrial products company reported $2.33 EPS for the quarter, beating the consensus estimate of $2.23 by $0.10. The firm earned $4.02 billion during the quarter, compared to analyst estimates of $3.98 billion. Its quarterly revenue was up 2.0% compared to the same quarter last year. Illinois Tool Works has generated $10.00 earnings per share over the last year ($10.00 diluted earnings per share) and currently has a price-to-earnings ratio of 22.8. Earnings for Illinois Tool Works are expected to grow by 5.49% in the coming year, from $9.65 to $10.18 per share. Illinois Tool Works has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, August 1st, 2023 based off prior year's report dates.

Illinois Tool Works Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
8/1/2023
(Estimated)
        
5/2/2023Q1 23$2.23$2.33+$0.10$2.33$3.98 billion$4.02 billion      
2/2/2023Q4 2022$2.60$2.34($0.26)$1.73$3.90 billion$3.97 billion    
10/25/2022Q3 2022$2.25$2.35+$0.10$2.35$3.90 billion$4.01 billion      
8/2/2022Q2 2022$2.21$2.37+$0.16$2.37$3.98 billion$4.01 billion    
5/3/2022Q1 2022$2.07$2.11+$0.04$2.11$3.76 billion$3.94 billion    
2/3/2022Q4 2021$1.89$1.95+$0.06$1.97$3.55 billion$3.68 billion    
10/28/20219/30/2021$2.01$2.02+$0.01$2.02$3.56 billion$3.56 billion    
7/30/20216/30/2021$2.09$2.10+$0.01$1.75$3.56 billion$3.68 billion    
4/30/20213/31/2021$1.90$2.11+$0.21$2.11$3.43 billion$3.54 billion    
2/4/202112/31/2020$1.79$2.02+$0.23$2.20$3.31 billion$3.48 billion  
10/23/20209/30/2020$1.45$1.83+$0.38$1.83$2.94 billion$3.31 billion  
7/31/20206/30/2020$0.70$1.01+$0.31$1.17$2.34 billion$2.56 billion    
5/5/20203/31/2020$1.71$1.77+$0.06$1.77$3.29 billion$3.23 billion  
1/31/202012/31/2019$1.85$1.88+$0.03$1.77$3.47 billion$3.47 billion  
10/25/2019Q3 19$1.94$2.04+$0.10$2.04$3.55 billion$3.42 billion    
7/26/2019Q2 19$1.97$2.00+$0.03$2.09$3.73 billion$3.61 billion  
4/25/20193/31/2019$1.80$1.81+$0.01$1.81$3.64 billion$3.55 billion  
2/1/201912/31/2018$1.82$1.83+$0.01$1.83$3.61 billion$3.58 billion  
10/24/20189/30/2018$1.88$1.90+$0.02$1.90$3.72 billion$3.61 billion
7/23/2018Q2 2018$1.97$1.97$1.97$3.85 billion$3.83 billion
4/26/2018Q1 2018$1.86$1.90+$0.04$1.90$3.69 billion$3.74 billion
1/24/2018Q4 2017$1.62$1.70+$0.08$3.62$3.54 billion$3.63 billion  
10/23/2017Q3 2017$1.65$1.85+$0.20$1.57$3.57 billion$3.62 billion
7/24/2017Q2 2017$1.63$1.66+$0.03$1.63$3.61 billion$3.60 billion
4/24/2017Q1 2017$1.45$1.54+$0.09$1.54$3.40 billion$3.47 billion
1/25/2017Q416$1.37$1.39+$0.02$1.33$3.41 billion$3.39 billion
10/20/2016Q316$1.49$1.50+$0.01$1.50$3.50 billion$3.50 billion  
7/20/2016Q216$1.40$1.46+$0.06$1.46$3.41 billion$3.43 billion  
4/20/2016Q116$1.26$1.29+$0.03$1.29$3.25 billion$3.27 billion  
1/27/2016Q415$1.21$1.23+$0.02$1.23$3.24 billion$3.30 billion  
10/21/2015Q315$1.36$1.39+$0.03$1.39$3.45 billion$3.35 billion  
7/22/2015Q215$1.28$1.30+$0.02$1.30$3.45 billion$3.43 billion  
4/21/2015Q115$1.17$1.21+$0.04$1.21$3.48 billion$3.30 billion  
1/27/2015Q414$1.13$1.18+$0.05$1.20$3.59 billion$3.50 billion  
10/21/2014Q314$1.23$1.28+$0.05$1.22$3.68 billion$3.70 billion  
7/29/2014Q214$1.20$1.21+$0.01($1.24)$3.75 billion$3.72 billion  
4/22/2014Q114$0.98$1.01+$0.03$0.91$3.57 billion$3.60 billion  
1/28/2014Q4 2013$0.91$0.92+$0.01$0.91$3.52 billion$3.55 billion  
10/21/2013Q3 2013$1.10$0.99($0.11)$0.97$3.59 billion$3.57 billion  
7/23/2013Q2 2013$1.09$1.08($0.01)$1.13$4.29 billion$4.22 billion  
4/23/2013Q1 2013$0.96$0.96$1.14$4.28 billion$4.00 billion  
1/29/2013Q4 2012$0.89$0.89$4.15 billion$4.22 billion  
10/23/2012$1.06$1.09+$0.03  
7/24/2012$1.10$1.11+$0.01
4/24/2012$0.95$0.97+$0.02
1/31/2012$0.88$0.90+$0.02
10/25/2011$0.98$1.00+$0.02
7/26/2011$1.02$0.99($0.03)
4/26/2011$0.84$0.91+$0.07
1/31/2011$0.80$0.79($0.01)
10/19/2010Q3 2010$0.82$0.83+$0.01$0.83
7/20/2010Q2 2010$0.83$0.83$0.83
4/20/2010Q1 2010$0.56$0.58+$0.02$0.58
1/27/2010Q4 2009$0.72$0.62($0.10)$0.23
10/20/2009Q3 2009$0.53$0.67+$0.14$0.74
7/22/2009Q2 2009$0.34$0.36+$0.02$0.37
4/16/2009Q1 2009$0.13$0.17+$0.04$0.42
1/29/2009Q4 2008$0.47$0.54+$0.07$0.62
10/16/2008Q3 2008$0.86$0.85($0.01)$0.83
7/17/2008Q2 2008$0.97$1.01+$0.04$1.01
4/16/2008Q1 2008$0.76$0.79+$0.03$1.01
1/30/2008Q4 2007$0.85$0.87+$0.02$0.87












Illinois Tool Works Earnings - Frequently Asked Questions

When is Illinois Tool Works's earnings date?

Illinois Tool Works has not confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, August 1st, 2023 based off last year's report dates. Learn more on ITW's earnings history.

Did Illinois Tool Works beat their earnings estimates last quarter?

In the previous quarter, Illinois Tool Works (NYSE:ITW) reported $2.33 earnings per share (EPS) to beat the analysts' consensus estimate of $2.23 by $0.10. Learn more on analysts' earnings estimate vs. ITW's actual earnings.

How can I listen to Illinois Tool Works's earnings conference call?

The conference call for Illinois Tool Works's latest earnings report can be listened to online. Listen to Conference Call

How can I read Illinois Tool Works's conference call transcript?

The conference call transcript for Illinois Tool Works's latest earnings report can be read online. Read Transcript

How can I view Illinois Tool Works's earnings report?

Illinois Tool Works's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Illinois Tool Works generate each year?

Illinois Tool Works (NYSE:ITW) has a recorded annual revenue of $15.93 billion.

How much profit does Illinois Tool Works generate each year?

Illinois Tool Works (NYSE:ITW) has a recorded net income of $3.03 billion. ITW has generated $10.00 earnings per share over the last four quarters.

What is Illinois Tool Works's price-to-earnings ratio?

Illinois Tool Works (NYSE:ITW) has a trailing price-to-earnings ratio of 22.80 and a forward price-to-earnings ratio of 23.63. The price/earnings-to-growth ratio is 3.43.

What is Illinois Tool Works's EPS forecast for next year?

Illinois Tool Works's earnings are expected to grow from $9.65 per share to $10.18 per share in the next year, which is a 5.49% increase.

More Earnings Resources from MarketBeat

This page (NYSE:ITW) was last updated on 5/22/2023 by MarketBeat.com Staff

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