Saturday, August 12, 2017

Illinois Tool Works Earnings Analysis

Multi-industrial company Illinois Tool Works (NYSE:ITW) delivered another good quarter of earnings and raised full-year guidance across the board. It was a positive quarter for the company, driven by its automotive segment and recovery in some of its more cyclical segments (specifically welding, test and measurement, and electronics). That said, management served notice of a relative slowdown in the third quarter. Let's take a look at a busy second quarter for the company.

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