illinois tool is a big company that makes a lot of different things. they are going to tell us how much money they made and how well they did this past few months. people are trying to guess how much money they made and if it will be more than what they thought. there are some things that could make it harder for them to make money, like changes in the prices of things they buy or selling things in different places around the world. we will find out soon what really happened! Read from source...

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Benzinga reports that Illinois Tool Works Inc. ITW is scheduled to release Q2 2024 results on July 30, pre-market. ITW's impressive earnings surprise history has seen it beat the consensus estimate in each of the last four quarters, averaging a beat of 2.5%. The Zacks Consensus Estimate for Q2 2024 revenues is $4.09bn, up 0.4% YoY. The consensus estimate for adjusted EPS is $2.46, indicating 2.1% growth YoY. However, the earnings report might indicate declining demand in the food service, restaurant, European ware wash and refrigeration end markets for ITW's Food Equipment segment, which could weigh on the company's performance.