Illinois Tool Works (ITW) issued an abbreviated earnings release which I am not sure meets Reg FD standards. No income statement, balance sheet or sources and uses of cash were included. They threw in a few points about sales and revenue gains and called it an earnings release. No management discussion of anything meaningful. Ten days ago they increased the dividend by 10% citing strong free cash flow.
Talk to me baby. Say something an investor would understand. Anything for a start.
Disclosure: No position in any stocks mentioned in this post.
- UPDATE 1-ITW affirms earnings forecasts (reuters.com)
- UPDATE 1-ITW affirms third-quarter, full-year forecasts (reuters.com)
- ITW Formex GK Electrical Insulation is Easily Formed into Dimensional Parts (eon.businesswire.com)