First estimates: Illinois Tool Works announces results for the past quarter | news


Illinois Tool Works is expected to report on February 3, 2022 for its most recent quarter ended December 31, 2021.

Nineteen analysts forecast earnings per share for the past quarter at an average of $1.89. This would represent a decrease of 6.44 percent from the prior-year quarter, when Illinois Tool Works reported $2.02 per share.

Illinois Tool Works is said to have closed the past quarter with sales totaling USD 3.53 billion, according to an average of 16 analysts. This corresponds to an increase in sales of 1.56 percent compared to the same quarter in the previous year, in which 3.48 billion USD had been generated.

17 analysts submitted their estimates for the past fiscal year. On average, the experts expect earnings of USD 8.47 per share. A fiscal year earlier, USD 6.63 per share had been reported here. In terms of sales, 18 analysts are assuming an average total of USD 14.31 billion, in contrast to USD 12.57 billion in the corresponding previous fiscal year.

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