More on Illinois Tool Works' Q4

• Excluding non-recurring items, Q4 earnings were $1.39 per share, an increase of 13% vs. the prior year.
• Organic revenue growth: Automotive OEM +7%; Electronics flat; Food Equipment and Construction +3%; Polymers & Fluids +2%; Welding -8%; Specialty Products +1%.
• Reaffirmed outlook for 2017: Earnings are expected to be in the range of $6.00-$6.20 per share, with organic growth of 1.5%-3.5%.
• Q4 results