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Earnings To Watch: Illinois Tool Works (ITW) Reports Q1 Results Tomorrow
Illinois Tool Works (ITW) is set to announce its Q1 earnings results, with analysts expecting a 4.4% year-on-year revenue growth. The company previously beat revenue expectations last quarter, and its peers in the general industrial machinery segment have shown strong revenue growth in their Q1 reports. Investors in the industrial machinery segment have seen positive sentiment, with ITW’s shares up 4.8% recently, holding an average analyst price target of $275.88.