WASHINGTON (dpa-AFX) - Illinois Tool Works Inc (ITW) released a profit for second quarter that fell from the same period last year.
The company's bottom line totaled $623 million, or $1.91 per share. This compares with $666 million, or $1.97 per share, in last year's second quarter.
Analysts had expected the company to earn $1.98 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 5.7% to $3.61 billion from $3.83 billion last year.
Illinois Tool Works Inc earnings at a glance:
-Analysts Estimate: $1.98 -Revenue (Q2): $3.61 Bln vs. $3.83 Bln last year.
-Guidance: Full year EPS guidance: $7.55 to $7.85
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