Illinois Tool Works (NYSE:ITW) reported quarterly earnings of $2.66 per share which beat the analyst consensus estimate of $2.56 by 3.91 percent. This is a 11.76 percent increase over earnings of $2.38 per share from the same period last year. The company reported quarterly sales of $4.016 billion which beat the analyst consensus estimate of $4.008 billion by 0.19 percent. This is a 4.61 percent increase over sales of $3.839 billion the same period last year.