Industrials and Machinery ratings adjusted at Evercore post-election

Evercore ISI upgrades several industrial stocks post-election, anticipating growth from Trump policies while downgrading others due to high valuations and risks, advocating for selective investments.

Earnings call: ITW reports Q3 2024 results with mixed performance

Illinois Tool Works beats Q3 earnings estimates; Shares rise 2%

Illinois Tool Works reported strong Q3 earnings, raised 2024 outlook, and increased dividends, despite a slight organic revenue decline.

Illinois Tool Works earnings beat by $0.14, revenue fell short of estimates

Illinois Tool Works exceeded Q3 EPS estimates, projected FY 2024 EPS higher, and showed positive stock performance with mixed EPS revisions.