Illinois Tool Works 2Q Profit, Revenue Rise
July 30 2021 - 8:35AM
Dow Jones News
By Dave Sebastian
Illinois Tool Works Inc.'s profit and revenue rose for the
second quarter as the company said order intake rates in all
segments and regions remained strong.
The Glenview, Ill.-based manufacturing company on Friday posted
net income of $775 million, compared with $319 million in the
year-ago period. Earnings were $2.45 a share, compared with $1.01 a
share in the prior year.
Operating revenue rose to $3.68 billion from $2.56 billion.
Analysts polled by FactSet were expecting $3.56 billion.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
July 30, 2021 08:27 ET (12:27 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Illinois Tool Works (NYSE:ITW)
Historical Stock Chart
From Aug 2024 to Sep 2024
Illinois Tool Works (NYSE:ITW)
Historical Stock Chart
From Sep 2023 to Sep 2024