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Industrial Goods | Diversified Machinery | USA
Illinois Tool Works shares slump as guidance falls short of estimates
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The Glenview, Ill-based provider of industrial products to the automotive, food equipment, construction and other sectors, said it had net income of $607 million, or $1.83 a share, in the quarter, after a loss of $76 million, or 22 cents a share, in the year-earlier period, when it was hit by a tax loss. Revenue was flat at $3.6 billion. The FactSet consensus was for EPS of $1.82 and revenue of $3.6 billion.
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https://www.marketwatch.com/story/illino...yptr=yahoo
![[Bild: ITWc1dl1811.png]](https://finviz.com/publish/020119/ITWc1dl1811.png)
Illinois Tool Works shares slump as guidance falls short of estimates
...
The Glenview, Ill-based provider of industrial products to the automotive, food equipment, construction and other sectors, said it had net income of $607 million, or $1.83 a share, in the quarter, after a loss of $76 million, or 22 cents a share, in the year-earlier period, when it was hit by a tax loss. Revenue was flat at $3.6 billion. The FactSet consensus was for EPS of $1.82 and revenue of $3.6 billion.
...
https://www.marketwatch.com/story/illino...yptr=yahoo
