What is Illinois Tool Works's expected EPS for Q2 2026?

Analysts expect Illinois Tool Works (ITW) to report consensus EPS of approximately $2.80 for Q2 2026. Estimates range from $2.74 to $2.85.

What revenue do analysts expect for Illinois Tool Works in Q2 2026?

The consensus revenue forecast for Illinois Tool Works (ITW) in Q2 2026 is approximately $4.19B. Forecasts range from $4.16B to $4.24B.

How many analysts cover Illinois Tool Works?

8 analysts contribute to the Illinois Tool Works (ITW) Q2 2026 consensus estimate.

Has Illinois Tool Works beaten earnings estimates recently?

Illinois Tool Works beat analyst EPS estimates in 1 of the last 1 quarter. Illinois Tool Works beat revenue estimates in 1 of 1. In the most recent quarter (Q1 2026), Illinois Tool Works EPS beat by 3.6% and revenue beat by 0.2%.

When does Illinois Tool Works report Q2 2026 earnings?

Illinois Tool Works (ITW) is expected to report Q2 2026 earnings on July 28, 2026 before market open.

ITW Q2 2026 earnings estimate

Consensus EPS · Q2 2026

$2.80

Consensus revenue · Q2 2026

$4.2B

Analysts

Expected report

Jul 28, 2026

Before open

Upcoming earnings

Locks in 4 days 11 hours · BMO: Locks 8:00 PM ET previous day

Revenue$4.2B$4.2B – $4.2B

EPS$2.80$2.74 – $2.85

What to watch

Analyst ratings: Mixed

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Analyst consensus

Based on estimates from 8 analysts.

Metric	Low	Consensus	High
Revenue	$4.2B	$4.2B	$4.2B
EPS	$2.74	$2.80	$2.85
EBITDA	$1.4B	$1.4B	$1.4B
EBIT	$1.3B	$1.3B	$1.3B
Net income	$789.3M	$806.6M	$821M

Revenue$4.2B
EPS$2.80
EBITDA$1.4B
EBIT$1.3B
Net income$806.6M

Historical beat/miss

Actual reported results vs. analyst consensus at the time. Positive = beat, negative = miss.

Period	Rev. actual	Rev. est.	Rev. surprise	EPS actual	EPS est.	EPS surprise
Q1 2026	$4B	$4B	+0.2%	$2.66	$2.57	+3.6%

Q1 2026+0.2%+3.6%

Estimate revisions

How analyst consensus estimates have changed over the past 90 days.

Collecting data

Revision trends appear once we have collected at least two daily snapshots for this period.

Community vs analysts

See how the TickerLeague crowd's forecast stacks up against Wall Street.

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No community consensus for Illinois Tool Works (ITW) Q2 2026 yet. Make a prediction to start the crowd forecast.

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Analyst price target

Based on price targets from 2 analysts.

Low: $254.00
Consensus: $275.75
Median: $276.50
High: $301.00
Current: $273.93
Upside: +0.7%

Upside calculated vs most recent trading price of $273.93.

Analyst ratings

Consensus: Hold — based on 28 analyst ratings.

Buy 6Hold 13Sell 9

24-month trend

Recent analyst actions

Date	Firm	Action	From	To
Jul 13, 2026	JP Morgan	maintain	Overweight	Overweight
Jul 2, 2026	Truist Securities	maintain	Hold	Hold
May 4, 2026	Wells Fargo	maintain	Underweight	Underweight
May 4, 2026	Citigroup	maintain	Neutral	Neutral
May 1, 2026	JP Morgan	maintain	Overweight	Overweight
Apr 10, 2026	JP Morgan	maintain	Overweight	Overweight
Apr 1, 2026	Wells Fargo	maintain	Underweight	Underweight
Apr 1, 2026	Barclays	maintain	Underweight	Underweight
Feb 23, 2026	Evercore ISI Group	maintain	Underperform	Underperform
Feb 9, 2026	Barclays	maintain	Underweight	Underweight

Jul 13, 2026JP MorganOverweight
Jul 2, 2026Truist SecuritiesHold
May 4, 2026Wells FargoUnderweight
May 4, 2026CitigroupNeutral
May 1, 2026JP MorganOverweight
Apr 10, 2026JP MorganOverweight
Apr 1, 2026Wells FargoUnderweight
Apr 1, 2026BarclaysUnderweight
Feb 23, 2026Evercore ISI GroupUnderperform
Feb 9, 2026BarclaysUnderweight

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