Zacks trims Q2 estimate for Illinois Tool Works stock from USD 3.04 to USD 3.03

Published on 10/26/2026 at 11:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Zacks trims Q2 estimate from USD 3.04 to USD 3.03. Illinois Tool Works stock costs EUR 248.35 on October 26, 2026, 0.79 percent above Xetra close.

Estimate change and trading context

On October 23, 2026, Zacks Research lowered its Q2 2027 earnings-per-share estimate to USD 3.03.
Second-quarter 2026 revenue reached USD 4.30 billion, up 6.10 percent year over year.
Illinois Tool Works stock trades at EUR 248.35 at 11:19 a.m. CET at Lang & Schwarz on October 26, 2026, 0.79 percent above the Xetra close of October 23, 2026.

Isometrische 3D-Illustration der Maschinenbau-Wertschöpfungskette von Rohmaterial bis Fertigprodukt — Illinois Tool Works US4523081093 isometrische Darstellung der Maschinenbau-Wertschöpfungskette von Rohmaterial bis Fertigprodukt, Illustration mit AI erstellt.

Illinois Tool Works (ISIN US4523081093) is trading at EUR 248.35 at Lang & Schwarz on October 26, 2026 at 11:19 a.m. CET, up 0.79 percent versus the Xetra close of October 23, 2026 at EUR 246.40. The latest estimate change came from Zacks Research, which lowered its Q2 2027 earnings-per-share forecast from USD 3.04 to USD 3.03 in a report issued on October 23, 2026, according to MarketBeat.

Estimates turn cautious before results

The estimate cut is small at USD 0.01 per share, but it arrives before the company's next scheduled report. Zacks Research also cited a full-year 2026 consensus estimate of USD 11.42 per share, while Illinois Tool Works' own guidance stands at USD 11.35 to USD 11.55 per share, as reported by MarketBeat. The midpoint of that company range is USD 11.45, or USD 0.03 above the cited consensus.

Three dates show the earnings path

On April 30, 2026, Illinois Tool Works reported first-quarter revenue of USD 4.02 billion and earnings per share of USD 2.66, according to Simply Wall St. On July 28, 2026, second-quarter revenue reached USD 4.30 billion, up 6.10 percent from the prior-year quarter, while earnings per share came to USD 2.84 against a USD 2.80 consensus, according to MarketBeat. On October 23, 2026, Zacks Research reduced its Q2 2027 estimate to USD 3.03.

What does the margin picture show?

The second-quarter operating margin was 27.00 percent, while net income reached USD 815.00 million on revenue of USD 4.30 billion for the period ended June 30, 2026. Operating cash flow was USD 723.00 million in the same quarter, giving the estimate revision a profitability context rather than a standalone earnings signal.

Next date is October 27

The next substantiated event is the third-quarter 2026 earnings report and webcast on October 27, 2026. The date and 10:00 a.m. ET webcast time are listed by 6ix. That release will determine whether the small estimate reduction reflects a temporary adjustment or a broader change in demand expectations.

Trading stays above the Xetra close

Illinois Tool Works has a market capitalization of USD 78.53 billion at the October 23, 2026 close on the NYSE. Its 52-week range was USD 238.82 to USD 303.16 on the same date, placing the current US listing below its yearly high while the German euro indication remains above the latest Xetra close.

At Lang & Schwarz, the stock was trading intraday at EUR 248.35 on October 26, 2026 at 11:19 a.m. CET, 0.79 percent above the Xetra close of October 23, 2026 at EUR 246.40. The further course of trading is shown by the continuously updated real-time quote of Illinois Tool Works stock.