Benzinga | Jul 30, 2021 08:04AM EDT

Illinois Tool Works Q2 EPS $2.45 Beats $2.05 Estimate, Sales $3.70B Beat $3.54B Estimate

Illinois Tool Works (NYSE:ITW) reported quarterly earnings of $2.45 per share which beat the analyst consensus estimate of $2.05 by 19.51 percent. This is a 142.57 percent increase over earnings of $1.01 per share from the same period last year. The company reported quarterly sales of $3.70 billion which beat the analyst consensus estimate of $3.54 billion by 4.52 percent. This is a 44.31 percent increase over sales of $2.56 billion the same period last year.