NYSE:ITWMachinery
Why Illinois Tool Works (ITW) Is Down 5.2% After Raising 2026 EPS Guidance And Completing Buybacks
In the first quarter of 2026, Illinois Tool Works Inc. reported sales of US$4,016 million and net income of US$768 million, with diluted earnings per share from continuing operations rising to US$2.66 from US$2.38 a year earlier.
Alongside these results, the company lifted its 2026 GAAP EPS guidance, targeted higher operating margins backed by enterprise initiatives, and completed a multi‑year US$3.38 billion share repurchase program that reduced its share count by 4.54%.
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