BUZZ - Illinois Tool Works shares fall as quarterly revenue misses estimates
路透社2026/10/27 13:31October 27 - ** 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.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Welltower Down Over 5%, On Pace for Largest Percent Decrease Since April 2025 -- Data Talk

Goldman Sachs Adjusts Price Target on Roper Technologies to $468 From $410
BUZZ-Centene shares rise after raising 2026 earnings forecast
Coca-Cola raises full-year guidance against trend, zero-sugar cola sales surge by 16%, North America sales unexpectedly remain flat | Earnings Highlights
Coca-Cola's third-quarter results exceeded expectations, and the full-year organic revenue growth guidance has been raised again to at least 5%. Coke Zero Sugar sales surged 16%, driven by strong international market demand, but North American sales were unexpectedly flat, while categories like water and sports drinks faced pressure. The share price has increased by about 33% this year, significantly outperforming PepsiCo.