Q1 Earnings Roundup: Illinois Tool Works (NYSE:ITW) And The Rest Of The General Industrial Machinery Segment
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Wrapping up Q1 earnings, we look at the numbers and key takeaways for the general industrial machinery stocks, including Illinois Tool Works (NYSE:ITW) and its peers.
Automation that increases efficiency and connected equipment that collects analyzable data have been trending, creating new demand for general industrial machinery companies. Those who innovate and create digitized solutions can spur sales and speed up replacement cycles, but all general industrial machinery companies are still at the whim of economic cycles. Consumer spending and interest rates, for example, can greatly impact the industrial production that drives demand for these companies’ offerings.
The 15 general industrial machinery stocks we track reported a mixed Q1. As a group, revenues missed analysts’ consensus estimates by 1.5% while next quarter’s revenue guidance was 1.5% below.
Thankfully, share prices of the companies have been resilient as they are up 5.1% on average since the latest earnings results.
Illinois Tool Works (NYSE:ITW)
Founded by Byron Smith, an investor who held over 100 patents, Illinois Tool Works (NYSE:ITW) manufactures engineered components and specialized equipment for numerous industries.
Illinois Tool Works reported revenues of $3.84 billion, down 3.4% year on year. This print was in line with analysts’ expectations, but overall, it was a slower quarter for the company with a miss of analysts’ adjusted operating income estimates.
“ITW commenced 2025 with solid execution, achieving financial results ahead of plan expectations as we continued to outperform underlying end markets,” said Christopher A. O’Herlihy, President and Chief Executive Officer.
The stock is up 1.6% since reporting and currently trades at $245.73.
Read our full report on Illinois Tool Works here, it’s free.
Best Q1: Luxfer (NYSE:LXFR)
With its magnesium alloys used in the construction of the famous Spirit of St. Louis aircraft, Luxfer (NYSE:LXFR) offers specialized materials, components, and gas containment devices to various industries.
Luxfer reported revenues of $97 million, up 8.5% year on year, outperforming analysts’ expectations by 11.9%. The business had an incredible quarter with an impressive beat of analysts’ EPS estimates and a solid beat of analysts’ EBITDA estimates.
Luxfer achieved the biggest analyst estimates beat among its peers. The market seems happy with the results as the stock is up 12.6% since reporting. It currently trades at $11.25.
Is now the time to buy Luxfer? Access our full analysis of the earnings results here, it’s free.