Illinois Tool Works reports Q3 adjusted EPS $2.65, consensus $2.70

Reports Q3 revenue $4.059B, consensus $4.09B. “The ITW team concluded the third quarter with solid operational and financial execution, delivering EPS of $2.81, which grew six percent year-over-year excluding the divestiture gain, alongside record operating margin of 27.4 percent, and a 15 percent increase in free cash flow. This outcome underscores the fundamental strength of the ITW Business Model, the inherent resilience of our diversified portfolio, and the high-quality execution demonstrated by our colleagues worldwide,” said Christopher O’Herlihy, President and Chief Executive Officer.