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BUZZ - Illinois Tool Works shares fall as quarterly revenue misses estimates

BUZZ - Illinois Tool Works shares fall as quarterly revenue misses estimates

路透社路透社2026/10/27 13:31
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- ** Illinois Tool Works (ITW.N) shares fell about 3.5% premarket to $266.3

** The automotive and industrial supplier missed third-quarter revenue expectations, posting actual revenue of $4.24 billion versus analyst forecasts of $4.26 billion

** The company reported quarterly net profit of $855 million, higher than the $847.1 million expected—data compiled by LSEG

** ITW raised its fiscal 2026 earnings per share (EPS) guidance to $11.45–11.55, with the midpoint above analysts' estimate of $11.44

** The median target price from 17 brokerages covering the stock is $297—data compiled by LSEG

** As of the previous session's close, the stock is down about 12.2% year-to-date


(To assist non-English speakers, Reuters automatically translates its reports into several other languages. Automated translation may be inaccurate or lack required context, and Reuters does not guarantee the accuracy of translated texts. Automated translations are provided for reader convenience only. Reuters accepts no responsibility for any damage or loss caused by use of automated translation.)

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