Illinois Tool Works raised its fiscal 2026 earnings and revenue growth guidance on October 27, alongside its third-quarter results. The Illinois Tool Works outlook retains the manufacturer’s previous forecast for organic revenue growth.

Illinois Tool Works outlook for the full year

The company now projects earnings of $11.45 to $11.55 per share for fiscal 2026, compared with its previous range of $11.35 to $11.55. The revision raises the lower end by $0.10 per share while leaving the upper end unchanged.

Illinois Tool Works also expects revenue growth of 4.5% to 5.5%, up from its earlier forecast of 4% to 5%. Its organic revenue growth outlook remains at 3% to 4%. These figures are forecasts, not completed full-year results.

Premarket share movement

Shares of Illinois Tool Works traded at $270.42 on the New York Stock Exchange in premarket trading on October 27, down $5.59, or 2.03%.

The guidance update accompanied the company’s third-quarter results, but the available information does not specify the quarterly financial figures or establish what caused the share move.

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