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Illinois Tool Works Inc. (ITW) earnings date & stock reaction

Illinois Tool Works Inc. · Industrials

Illinois Tool Works Inc. earnings date & time

Next earningsFri, October 23 around 8:00 AM ET, before the openscheduled

Schedule

Korea time (KST)
Fri, October 23
Reporting pattern
12 of last 12 before open
Typical move
±2.3% · 12-report avg

What the market expects

Consensus EPS

$2.97Coming in above this counts as a beat

Year-ago quarter
$2.81→+5.7%
Full earnings calendarFrom an earnings calendar · Schedule last checked October 14

Price after the latest report

Reported July 28, 2026how the stock moved around it
Next-day move
+3.6%
After 5 days
+1.3%
Price around earnings
Around this report
Overlapped an FOMC holdThis report landed on a US Federal Reserve rate-decision day. Rate decisions move the whole market, so the move may reflect the decision, not just earnings. A cut is not always good or a hike always bad. Crisis cuts fell, and hikes in a strong economy often rose.Sector peer GE Vernova Inc. (7/22): missed, yet stock +4.7%A same-industry peer, GE Vernova Inc., reported within the 10 days before this one (6d earlier). How the market took it (next-day move +4.7%) is the best read on the sector mood. A beat that still fell means the bar was high, so this stock may face similar pressure.

Illinois Tool Works Inc. (ITW) rose the day after earnings in 5 of its last 12 reports (42%), moving ±2.3% on average. It has fallen despite beating the consensus estimate 6 times.

Up next day
5/12
42%
Fell despite growth
5/12
Good earnings ignored
Price when beating
+0.1%
avg over 11 beats
Price when missing
-2.0%
avg over 1 misses
Avg earnings move
±2.3%
typical swing on earnings
Biggest single move
+5.6%
'26.2 · largest reaction
🔑What actually moves this stock?

Even when EPS beat expectations, the stock fell 6 of the last 11 times. The number alone doesn't move it.

What really matters here
How many new orders come in and pile up (a leading signal)
In finance terms: New orders · backlog
Growth · revenue (YoY by quarter, latest right)
-3%
25-04(Mar qtr)
+1%
25-07(Jun qtr)
+2%
25-10(Sep qtr)
+4%
26-02(Dec qtr)
+5%
26-04(Mar qtr)
+6%
26-07(Jun qtr)
Accelerating · Growth is accelerating (-3%→+6%), but this stock often falls even on strong results (6 recent times). Expectations are already high, so accelerating isn't enough. It must beat a lofty bar.
What to watch next report

When results drop, skip the EPS number. Check if the growth above holds or accelerates, and whether guidance beats expectations.

The real bar for this stock

Beating estimates isn't enough. Here's where the real surprise started.

Beat consensus 11 of 12 times. Beating is the default here
Median beat +2.7%. 6 of those beats still fell the next day.
Bigger beats didn't mean bigger gains
Surprise size and price moved separately here. Expectations, not beats, drive this stock.

How this stock reacts to earnings

Traits seen across its recent earnings reactions

Even strong results barely move the stock
Up the next day 5 of 11 beats (45%)
vs Industrials sector avg (195 peers)
This
-0.1%
Sector
+0.5%
Avg next-day reaction

Earnings number vs guidance: which drives it?

How often the beat/miss matched the actual price move

The number and guidance move the price about equally
Moved opposite to results 6 of last 12 times (50%)
6xBeat but fell
Even a beat sells off if guidance disappoints
0xMissed but rose
Even a miss rebounds if guidance reassures
Fell despite growth5/12

6/11 beats fell next day · watches New orders · backlog

Next-day reaction
  • Jun 2026 report+3.6%
  • Mar 2026 report-2.9%
  • Dec 2025 report+5.6%
  • Sep 2025 report-4.5%
  • Jun 2025 report-2.3%
  • Mar 2025 report-0.8%

Earnings timeline · bars = next-day move, ▲▼ = beat/miss

Apr–Jun 2026 results
Reported 2026-07-28
Next-day move
+3.6%
After 5 days +1.3%
EPS consensus $2.80 → $2.84 ▲ +1.5% beatRev $4.1B → $4.3B +6% YoY
Price around earnings
Around this report
Overlapped an FOMC holdThis report landed on a US Federal Reserve rate-decision day. Rate decisions move the whole market, so the move may reflect the decision, not just earnings. A cut is not always good or a hike always bad. Crisis cuts fell, and hikes in a strong economy often rose.Sector peer GE Vernova Inc. (7/22): missed, yet stock +4.7%A same-industry peer, GE Vernova Inc., reported within the 10 days before this one (6d earlier). How the market took it (next-day move +4.7%) is the best read on the sector mood. A beat that still fell means the bar was high, so this stock may face similar pressure.

Earnings trend · last 12 quarters

EPS$2.84YoY +10%
'23.10'26.7
Revenue$4.3BYoY +6%
'23.10'26.7

Earnings history and price reaction

Illinois Tool Works Inc. across its last 12 earnings reports: EPS versus consensus, the move on the earnings day, and the cumulative move five trading days later.
Quarter endedReported (ET)vs market expectation (consensus)Earnings dayAfter 5 days
6/20262026-07-28+1.5%+3.6%+1.3%
3/20262026-04-30+3.7%-2.9%-1.9%
12/20252026-02-03+1.2%+5.6%+10.0%
9/20252025-10-24+4.0%-4.5%-5.4%
6/20252025-07-30+0.5%-2.3%-1.3%
3/20252025-04-30+1.1%-0.8%-0.8%

12 reports, quarters ending 9/2023 to 6/2026. The earnings-day move is the first trading day that reflects the report; the five-day figure is the cumulative move from that point.

Frequently asked questions

When is the next Illinois Tool Works Inc. earnings date?

The next Illinois Tool Works Inc. (ITW) earnings report is expected Fri, October 23 around 8:00 AM ET, before the open. It comes from an earnings calendar and may not be a company-confirmed date; it updates automatically if it changes.

What is the consensus EPS forecast for Illinois Tool Works Inc.'s next earnings?

Analysts expect EPS of about $2.97 for Illinois Tool Works Inc. (ITW). Coming in above that counts as a beat, below it a miss — though a beat does not guarantee the stock rises.

Does Illinois Tool Works Inc. (ITW) stock usually go up after earnings?

Over the last 12 earnings reports, the stock rose on 5 of them (42%). The average move on earnings day was ±2.3%.

Does Illinois Tool Works Inc. react more to the earnings numbers or to guidance?

In 6 of the last 12 reports (50%), the stock moved the opposite way from whether it beat or missed the forecast. A high share means guidance and expectations drive the move more than the reported numbers.

Can Illinois Tool Works Inc. stock fall even when earnings are good?

Yes. In 5 of the last 12 reports, Illinois Tool Works Inc. fell on the earnings day despite growing EPS. Expectations already priced in, or guidance, can matter more than the reported numbers.

Does Illinois Tool Works Inc. stock keep moving after the earnings day?

Over the last 12 reports, the move continued in the same direction for the following five trading days 50% of the time. This tendency is known as post-earnings announcement drift.