BUZZ-Illinois Tool Works falls after forecasting annual profit below estimates

Reuters

2025/02/06

** Equipment manufacturer Illinois Tool Works' ITW.N shares down as much as 3.9% at $244.69

** Company forecasts 2025 profit below estimates on slow demand and currency exchange impacts

** Sees 2025 EPS between $10.15 and $10.55 vs estimates of $10.62 — LSEG

** Co also posted Q4 revenue of $3.93 billion, below estimates of $3.99 billion, and adjusted EPS of $2.54, missing expectations of $2.50

** ITW fell 3.2% in 2024

(Reporting by Neil J Kanatt in Bengaluru)

((Neil.JKanatt@thomsonreuters.com))

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