ILL TOOL WORKS (ITW) |
Consensus Forecast of ILL TOOL WORKS Revenue in Millions  |
Dec-07 |
Dec-08 |
Dec-09 |
Dec-10 |
Dec-11 |
11/07 |
| $16,170.61 |
$15,869.35 |
$13,877.07 |
$15,640.43 |
$17,323.81 |
1.7% |
|
| Discussion | | Outlook
For 4Q10, management anticipates that total revenue growth would be within 7.0%-9.0% and for FY10 within the 13%-14% range (prior forecast was 11%-13%). Organic growth is likely to be roughly 10% while acquisitions revenue to be approximately $500.0-$700.0 million.
At its annual Investor meeting, management provided an organic revenue growth outlook of 5%-7% for FY11. Organic revenue forecast includes growth in Transportation of 6%-8%, Industrial Packaging of 5%-7%, Food Equipment of 5%-7%, Power Systems of 7%-9% (worldwide wielding businesses growth of 8%-10%), Construction of 8%-10%, Polymers & Fluids of 5%-7%, Decorative Surfaces of 3%-5% and All Other of 6%-8%.
For FY11, North American auto builds would be within, 12.2-12.4 million units, European auto builds within 18.3-18.5 million units and rest of the world would be approximately 41 million units.
| Last edited Thu Dec 30, 2010 05:29 AM
by SreelaBose (Zacks Investment Research) |  |
| Consensus Forecast of ILL TOOL WORKS EPS |
Dec-05 |
Dec-06 |
Dec-07 |
Dec-08 |
Dec-09 |
Dec-10 |
Dec-11 |
Dec-12 |
| $2.60 |
$3.01 |
$3.28 |
$3.04 |
$2.19 |
$3.01 |
$3.63 |
$4.32 |
|
| Discussion | | Outlook
For 4Q10, management expects EPS from continuing operations to be in a range of $0.74-$0.82. For FY10, the company anticipates that EPS would be in the range of $2.99-$3.07 compared with the prior guidance range of $2.82-$3.08 previously, reflecting an increase in the mid-point from $2.95 to $3.03.
The Digest model projects EPS of $3.08 for FY10, $3.60 for FY11 and $4.15 for FY12, with a y/y increase of 60.9%, 17.1% and 15.0%, respectively. The estimated 3-year compound annual growth rate (CAGR) based on 2009 EPS is 29.4% and 2009 shares outstanding is (0.4%).
| Last edited Thu Dec 30, 2010 05:31 AM
by SreelaBose (Zacks Investment Research) | |
| ITW (ILL TOOL WORKS) |
$14,337.00 |
$1,280.71 |
13.3% |
16% |
15.44 |
1.6 |
12.7 |
Industry Mean |
|
|
10% |
15% |
16.20 |
1.5 |
10.4 |
| S&P 500 |
|
|
23% |
11% |
13.71
| 1.9 |
|
|
|
|
|
|
|
|
|
ATLKY (ATLAS COP-ADR A) |
$8,525.00 |
$924.39 |
28.0% |
|
|
1.4 |
10.2 |
PH (PARKER HANNIFIN) |
$9,418.00 |
$381.42 |
8.4% |
11% |
19.93 |
1.0 |
11.0 |
ETN (EATON CORP) |
$12,163.00 |
$588.00 |
9.3% |
11% |
14.95 |
0.9 |
11.2 |
CF is operating cash flow plus after-tax interest expense. |
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Created by: WikiMigrationBot.
Last Modification: Thursday 03 of June, 2010 07:33:36 CDT by WikiMigrationBot.
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