— Illinois Tool Works Inc. (NYSE: ITW) reported Q4 2019 earnings of $1.99 per share, vs. $1.85 expected.
— Revenue declined 3.1% to $3.5 billion, vs. $3.46 billion expected.
— Revenues in Automotive OEM were $725 million.
— Revenues in Food Equipment were $571 million.
— Revenues in Test & Measurement and Electronics were $552 million.
— Revenues in Welding were $387 million.
— Revenues in Polymers and Fluids were $408 million.
— Revenues in Construction Products were $384 million.
— Revenues in Specialty Products were $446 million.
— FY2020 EPS is expected to be $7.65-8.05.
— ITW shares gained 1.7% immediately following the announcement.
Thermo Fisher Scientific Inc. (NYSE: TMO) reported third quarter 2020 earnings results today. Revenue increased 36% year-over-year to $8.52 billion. GAAP earnings jumped 157% to $1.93 billion, or $4.84 per
Snap Inc. (NYSE: SNAP) reported third quarter 2020 earnings results today. Revenues increased 52% year-over-year to $679 million. Net loss amounted to $200 million, or $0.14 per share, compared to
Video streaming giant Netfllix Inc. (NASDAQ: NFLX) reported a 23% growth in third-quarter revenues as it continued to expand the subscriber base. Earnings increased but missed Wall Street’s prediction and