Illinois Tool Works Predicts 4Q Profit
Stock quotes in this article:
ITW
GLENVIEW, Ill. (AP) — Illinois Tool Works Inc., which makes industrial products, said Tuesday it expects to post a fourth-quarter profit from continuing operations of between 54 cents and 66 cents per share.
Analysts polled by Thomson Reuters expect a profit of 56 cents per share. Also on Tuesday, the company released third-quarter results that beat Wall Street predictions. In morning trading, Illinois Tool shares rose $1.24, or 2.7 percent, to $47.46.- Loading Comments...
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