By Denny JacobIllinois Tool Works posted higher top- and bottom-line results in the latest quarter. The manufacturing company logged net income of $772 million, or $2.55 a share, for the third quarter ended Sept. 30, up from $727 million, or $2.35 a share, a year earlier. Analysts polled by FactSet had expected earnings of $2.46 a share.
Source: Wall Street Journal October 24, 2023 14:00 UTC