Illinois Tool Works Inc Bottom Line Rises 9% In Q2

(RTTNews) - Illinois Tool Works Inc (ITW) announced earnings for its second quarter that rose from last year.

The company said its bottom line rose to $525 million, or $1.46 per share. This was up from $480 million, or $1.30 per share, in last year's second quarter.

Analysts had expected the company to earn $1.4 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue came in at $3.43 billion, equal to the mark posted in the same period last year.

Illinois Tool Works Inc earnings at a glance:

-Earnings (Q2): $525 Mln. vs. $480 Mln. last year. -Earnings Growth (Y-o-Y): 9.4% -EPS (Q2): $1.46 vs. $1.30 last year. -EPS Growth (Y-o-Y): 12.3% -Analysts Estimate: $1.4 -Revenue (Q2): $3.43 Bln vs. $3.43 Bln last year. -Revenue Change (Y-o-Y): 0%