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Illinois Tool Works announced earnings per share of $2.02 on revenue of $3.56B. Analysts polled by Investing.com anticipated EPS of $2 on revenue of $3.55B.
Illinois Tool Works shares are up 8% from the beginning of the year, still down 8.20% from its 52 week high of $242.06 set on May 10. They are under-performing the S&P 500 which is up 21.18% from the start of the year.
Illinois Tool Works’s report follows an earnings beat by Tesla on October 20, who reported EPS of $1.86 on revenue of $13.76B, compared to forecasts EPS of $1.62 on revenue of $14B.
Sony ADR had missed expectations on Thursday with second quarter EPS of $1.51 on revenue of $20.84B, compared to forecast for EPS of $1.56 on revenue of $21.21B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
