Illinois Tool Works is expected to hold its regular financial conference on February 2nd, 2023, where it will publish the figures for the most recent quarter, which ended on December 31st, 2022.
18 analysts are expecting earnings per share of USD 2.53 on average. That would represent an increase of 31.09 percent compared to the previous year, when $1.93 was generated.
Illinois Tool Works is said to have closed the past quarter with sales totaling USD 3.89 billion on average – that’s what 15 analysts expect on average. Accordingly, the company would have increased sales by 5.78 percent compared to the same quarter last year, in which 3.68 billion USD had been generated.
For the recently ended fiscal year, 20 analysts on average are forecasting earnings per share of USD 9.33, compared to 8.51 in the corresponding fiscal year last year. Revenue is estimated at $15.85 billion by 19 analysts, up from $14.46 billion in the previous period.
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