Illinois Tool Works Q3 2020 Earnings Preview

• Illinois Tool Works (NYSE:ITW) is scheduled to announce Q3 earnings results on Friday, October 23rd, before market open.
• The consensus EPS Estimate is $1.45 (-26.7% Y/Y) and the consensus Revenue Estimate is $2.94B (-15.5% Y/Y).
• Over the last 2 years, ITW has beaten EPS estimates 75% of the time and has beaten revenue estimates 38% of the time.
• Over the last 3 months, EPS estimates have seen 12 upward revisions and 1 downward. Revenue estimates have seen 14 upward revisions and 1 downward.