ITW: Q4 Earnings Exceed Expectations, Shares $4.09B in Revenue - ITW

[Para 1: The Lead] Illinois Tool Works Inc. (ITW) exceeded Wall Street earnings forecasts in its Q4 report, posting a net income of $790 million, or $2.72 per share, surpassing analyst estimates of $2.69. Revenue of $4.09 billion also surpassed expectations, marking a strong quarter for the equipment manufacturer. [Para 2-3: Supporting details & Context] For the fiscal year, ITW reported a profit of $3.07 billion, or $10.49 per share, and revenue of $16.04 billion. The company now expects full-year earnings to be between $11.00 and $11.40 per share, reflecting confidence in its business outlook. ITW's strong performance across its transportation, power, food, and construction industries contributed to these results, underscoring its diversified and resilient business model.