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Illinois Tool Works will present the figures for the most recent quarter, which ended on March 31, 2022, at the financial conference, which is expected to take place on May 3, 2022.
The estimates of 18 analysts assume an average EPS of USD 2.07 per share. Illinois Tool Works earned $2.11 per share in the prior-year quarter.
On the revenue side, 15 analysts expect an average increase of 6.03 percent compared to the revenue of $3.54 billion generated in the same quarter last year. Accordingly, the experts at Illinois Tool Works are assuming average sales of USD 3.76 billion for the past quarter.
With a view to the current fiscal year, 20 analysts expect earnings per share of USD 9.08 on average, while USD 8.51 was reported in the same period of the previous year. In terms of sales, 18 analysts on average assume that a total of USD 15.73 billion will be on the books in the current fiscal year, compared to USD 14.46 billion in the previous year.
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