Sunday, February 5, 2017

Illinois Tool Works Earnings Review

Diversified industrial Illinois Tool Works is acquiring a reputation for underpromising and overdelivering, and the latest fourth-quarter results only served to strengthen it. Its peer 3M Co. recently affirmed full-year 2017 guidance, and Illinois Tool Works did the same. Despite the excitement around what Donald Trump's election victory could mean for U.S. industrial output, management claimed its segments remained pretty much on track -- which suggests there might be some upside to current guidance. Let's take a look at another solid quarter, and how the company is set for 2017.


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