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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Illinois Tool Works Inc | NYSE:ITW | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.01 | 0.00% | 250.59 | 251.145 | 249.04 | 250.62 | 701,434 | 22:30:00 |
From May 2021 to May 2024
By Dave Sebastian
Illinois Tool Works Inc. said it lowered its earnings guidance for 2021 due to actual and anticipated lower auto-production levels in the third and fourth quarters versus prior guidance.
The Glenview, Ill.-based manufacturing company on Thursday said it expects earnings of $8.30 a share to $8.50 a share, compared with its prior outlook of $8.55 a share to $8.95 a share.
Illinois Tool Works said it expects price to offset raw-material cost increases.
The company said it sees revenue growth of 13% to 14% and organic growth of 11% to 12%. It previously expected organic growth of 11% to 13%.
Write to Dave Sebastian at dave.sebastian@wsj.com
(END) Dow Jones Newswires
October 28, 2021 08:36 ET (12:36 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Illinois Tool Works Chart |
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