Illinois Tool Works (ITW) reported Q1 earnings Wednesday of $2.38 per diluted share, down from $2.73 a year earlier.
Analysts polled by FactSet expected $2.34.
Operating revenue for the quarter ended March 31 was $3.84 billion, compared with $3.97 billion a year earlier.
Analysts surveyed by FactSet expected $3.84 billion.
The company maintained its 2025 EPS guidance range of $10.15 to $10.55. Analysts surveyed by FactSet expect $10.20. Full year revenue growth is still expected to be zero to 2%. Analysts polled by FactSet are looking for $15.67 billion.
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