Illinois Tool Works' (ITW -4.5%) Q3 beat on a per share basis as earnings rose 20% on strong...


Illinois Tool Works' (ITW -4.5%) Q3 beat on a per share basis as earnings rose 20% on strong demand, but the shares are trading lower after the company cuts its outlook for the rest of the year due to restructuring costs. It now expects its EPS to be in the range between $0.86 - $0.94.
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