Sunday, November 1, 2015

Illinois Tool Works Earnings Analysis

Another quarter brings another set of earnings from Illinois Tool Works in which the underlying improvements due to its five-year enterprise strategy plan are hidden by deteriorating end markets. In short, management reduced earnings guidance to account for a weaker economy, but its ongoing initiatives continue to make progress -- possibly setting the company up for strong growth given a pickup in the industrial economy. Let's take a closer look at the earnings.


READ THE FULL EQUITY RESEARCH ARTICLE LINKED