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
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Q1 2022 Illinois Tool Works Inc Earnings Call Transcript

May 03, 2022 / 02:00PM GMT
Release Date Price: $205.02 (+2.42%)
Operator

Good morning. My name is David, and I'll be your conference operator today. At this time, I would like to welcome everyone to the ITW Q1 2022 Earnings Conference Call. Today's conference is being recorded. (Operator Instructions) Karen Fletcher, Vice President of Investor Relations, you may begin your conference.

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

Thank you, David. Good morning, everyone, and welcome to ITW's First Quarter 2022 Conference Call. I'm joined by our Chairman and CEO, Scott Santi; and Senior Vice President and CFO, Michael Larsen.

During today's call, we'll discuss ITW's first quarter financial results and update our guidance for full year 2022.

Slide 2 is a reminder that this presentation contains forward-looking statements. We refer you to the company's 2021 Form 10-K for more detail about important risks that could cause actual results to differ materially from our expectations. This presentation uses certain non-GAAP measures, and a reconciliation of those measures to the most directly comparable GAAP

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