— Illinois Tool Works’ (NYSE: ITW) third quarter 2019 GAAP earnings rose 7% year-over-year to $2.04 per share.
— Revenue decreased 3.5% to $3.50 billion vs. $3.54 billion expected.
— The company reaffirmed full-year 2019 GAAP EPS guidance of $7.55 to $7.85.
— FY19 organic revenue is expected to decline 1% to 3%.
— ITW shares were up about 3% in the pre-market trading session.
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted
Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,