Thursday, November 3, 2016

Illinois Tool Works Earnings Preview

It's not often a company lowers its full-year organic revenue guidance but increases its EPS guidance, but that's exactly what happened with Illinois Tool Works (NYSE:ITW) when it last gave results in July. In short, the company's stock-price performance has trumped its peers' thanks to its ability to expand margin.
Can the stock keep up its impressive run? With the earnings release coming up on Oct. 20, let's look at what the company needs to do.

READ THE FULL EQUITY RESEARCH ARTICLE LINKED