— 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.
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,