Illinois Tool Works Inc (LTS:0J8W)
$ 273.4826 0.7826 (0.29%) Market Cap: 80.31 Bil Enterprise Value: 87.71 Bil PE Ratio: 23.53 PB Ratio: 23.68 GF Score: 84/100

Q1 2019 Illinois Tool Works Inc Earnings Call Transcript

Apr 25, 2019 / 02:00PM GMT
Release Date Price: $157.56
Operator

Welcome, and thank you for joining ITW's 2019 First Quarter Earnings Call. My name is Cheryl, and I will be your conference operator today. (Operator Instructions) As a reminder, this conference call is being recorded.

I will now turn the call over to Karen Fletcher, Vice President of Investor Relations. You may begin.

Karen A. Fletcher
Illinois Tool Works Inc. - VP of IR

Thank you, Cheryl. Good morning, everyone, and welcome to ITW's First Quarter 2019 Call. I'm joined by our Chairman and CEO, Scott Santi, along with Senior Vice President and CFO, Michael Larsen. During today's call, we will discuss first quarter financial results and provide an update on our 2019 full year outlook.

Slide 2 is a reminder that this presentation contains our financial forecast for the remainder of the year as well as other forward-looking statements identified on this slide. We refer you to the company's 2018 Form 10-K for more detail about important risks that could cause actual results to differ materially from our expectations. Also, this presentation uses

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