Illinois Tool Works' stock surged 5.03% during intraday trading on Tuesday, following the release of its fourth-quarter financial results and forward-looking guidance.
The multi-industrial manufacturer reported quarterly earnings of $2.72 per share, exceeding analyst consensus estimates of $2.69. Revenue for the quarter reached $4.093 billion, also beating expectations of $4.068 billion. This represents a 7% increase in earnings per share and a 4.1% rise in revenue compared to the same period last year.
Investors responded positively to the company's 2026 outlook, which projects GAAP earnings per share in the range of $11.00 to $11.40, slightly above the FactSet consensus estimate of $11.19. Management anticipates revenue growth of 2% to 4% for the coming year, with operating margin expansion of approximately 100 basis points, driven by continued execution of enterprise initiatives.
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