Illinois Tool Works (NYSE: ITW) reported quarterly earnings of $2.84 per share which beat the analyst consensus estimate of $2.79 by 1.79 percent. This is a 10.08 percent increase over earnings of $2.58 per share from the same period last year. The company reported quarterly sales of $4.301 billion which beat the analyst consensus estimate of $4.189 billion by 2.67 percent. This is a 4.90 percent increase over sales of $4.100 billion the same period last year.