Illinois Tool Works Earnings, Revenue beat in Q4 By Investing.com

Illinois Tool Works (NYSE:ITW) reported on Friday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Illinois Tool Works announced earnings per share of $2.02 on revenue of $3.48B. Analysts polled by Investing.com anticipated EPS of $1.79 on revenue of $3.32B.

Illinois Tool Works shares are down 3% from the beginning of the year and are trading at $200.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 3.08% from the start of the year.

Illinois Tool Works shares gained 1.49% in pre-market trade the report.

Illinois Tool Works follows other major Consumer Cyclical sector earnings this month

Illinois Tool Works’s report follows an earnings missed by Tesla on January 27, who reported EPS of $0.8 on revenue of $10.74B, compared to forecasts EPS of $1.02 on revenue of $10.47B.

Louis Vuitton ADR had beat expectations on January 27 with fourth quarter EPS of $2 on revenue of $17.29B, compared to forecast for EPS of $1.82 on revenue of $17.42B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar