Illinois Tool Works (NYSE:ITW) reported quarterly earnings of $2.72 per share which beat the analyst consensus estimate of $2.69 by 1.12 percent. This is a 7.09 percent increase over earnings of $2.54 per share from the same period last year. The company reported quarterly sales of $4.093 billion which beat the analyst consensus estimate of $4.068 billion by 0.61 percent. This is a 4.09 percent increase over sales of $3.932 billion the same period last year.