ITW Beats Est., Ups FY12 Outlook
Illinois Tool Works Inc. (NYSE:ITW) reported its financial results for the first quarter 2012 on April 24. Earnings per share from continuing operations were 97 cents, representing a year-over-year increase of 10.2%. Earnings were 2 cents above the Zacks Consensus Estimate of 95 cents and at the top-end of management’s guidance range of 89-97 cents. [...]
Illinois Tool Works Inc. (NYSE:ITW) reported its financial results for the first quarter 2012 on April 24. Earnings per share from continuing operations were 97 cents, representing a year-over-year increase of 10.2%. Earnings were 2 cents above the Zacks Consensus Estimate of 95 cents and at the top-end of management’s guidance range of 89-97 cents.
Revenue
Operating revenue in the first quarter increased 6.4% year over year to $4,547 million, but failed to surpass the Zacks Consensus Estimate … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards