Illinois Tool Works Q4 Results Top Street View, Provides FY22 Guidance
Illinois Tool Works Inc. (NYSE:ITW) reported fourth-quarter FY21 revenue growth of 5.9% year-over-year to $3.68 billion, +5.3% on an organic basis, beating the consensus of $3.55 billion. GAAP EPS was $1.93, including $(0.02) of MTS acquisition impact. Automotive OEM revenue was $633 million (-17 Y/Y), and operating margin declined by 710 bps to…
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