Illinois Tool Works is a diversified global manufacturing company that specializes in developing and producing a wide range of industrial products and equipment
The company operates through various segments, including automotive, construction, and food equipment, offering innovative solutions that enhance the efficiency and performance of its customers' operations. Illinois Tool Works is known for its commitment to quality and technological advancement, providing products such as adhesives, fasteners, and specialty components, which are used in multiple industries worldwide. With a strong focus on sustainability and customer collaboration, the company aims to deliver value through its diverse portfolio and expertise in manufacturing processes.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Illinois Tool Works (NYSE:ITW) and the rest of the general industrial machinery stocks fared in Q4.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the general industrial machinery stocks, including Crane (NYSE:CR) and its peers.
Looking back on general industrial machinery stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including John Bean (NYSE:JBT) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how general industrial machinery stocks fared in Q4, starting with Hillenbrand (NYSE:HI).
Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors.
However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.
Illinois Tool Works Inc. is a diversified manufacturer that operates a portfolio of 60 business units that serve industrial and consumer markets globally.
Manufacturing company Illinois Tool Works (NYSE:ITW) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 1.3% year on year to $3.93 billion. Its GAAP profit of $2.54 per share was 1.9% above analysts’ consensus estimates.
Wall Street rose on Wednesday, with all major equity indices advancing as investors assessed the latest batch of corporate earnings and drew optimism from positive labor market data.
ITW reported Q4 revenue of $3.932B, down 1.3% YoY and missing consensus. EPS was $2.54, up 7% YoY. 2025 guidance is $10.15-$10.55 EPS and 0-2% organic revenue growth.
