More on Illinois Tool Workers (ITW) Q1: Net profit falls 22% to $486M, but ITW raises 2012...

|About: Illinois Tool Works Inc. (ITW)|By:, SA News Editor

More on Illinois Tool Workers (ITW) Q1: Net profit falls 22% to $486M, but ITW raises 2012 guidance due to robust machinery and energy markets offseting softness in Europe and consumer electronics. Now expects 2012 EPS from continuing ops of $4.14-$4.38 vs. $4.02-$4.26 prior and consensus of $4.15.