More on ITW's Q4

|By:, SA News Editor

Excluding a one-time tax charge, EPS for Q4 increased 17% to $1.70.

Organic revenue growth was positive in six of seven segments led by Test & Measurement and Electronics (+9%), Welding (+6%) and Specialty Products (+5%).

Raised 2018 full-year outlook: GAAP EPS of $7.45-$7.65, an increase of $0.40 at the mid-point, with organic growth of 3 to 4%. Q1 GAAP EPS are expected to be in the range of $1.80-$1.90.

Q4 results

Subscribe for full text news in your inbox