Illinois Tool Works is a diversified global manufacturing company that specializes in developing and producing a wide range of industrial products and equipment
The company operates through various segments, including automotive, construction, and food equipment, offering innovative solutions that enhance the efficiency and performance of its customers' operations. Illinois Tool Works is known for its commitment to quality and technological advancement, providing products such as adhesives, fasteners, and specialty components, which are used in multiple industries worldwide. With a strong focus on sustainability and customer collaboration, the company aims to deliver value through its diverse portfolio and expertise in manufacturing processes.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how general industrial machinery stocks fared in Q4, starting with Hillenbrand (NYSEHI).
Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors.
However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.
Illinois Tool Works Inc. is a diversified manufacturer that operates a portfolio of 60 business units that serve industrial and consumer markets globally.
Manufacturing company Illinois Tool Works (NYSEITW) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 1.3% year on year to $3.93 billion. Its GAAP profit of $2.54 per share was 1.9% above analysts’ consensus estimates.
Wall Street rose on Wednesday, with all major equity indices advancing as investors assessed the latest batch of corporate earnings and drew optimism from positive labor market data.
ITW reported Q4 revenue of $3.932B, down 1.3% YoY and missing consensus. EPS was $2.54, up 7% YoY. 2025 guidance is $10.15-$10.55 EPS and 0-2% organic revenue growth.
Illinois Tool Works trades at $258.77 and has moved in lockstep with the market. Its shares have returned 9% over the last six months while the S&P 500 has gained 9.7%.
