GLENVIEW, Ill. (AP) _ Illinois Tool Works Inc. (ITW) on Tuesday reported first-quarter profit of $662 million.

The Glenview, Illinois-based company said it had net income of $2.11 per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.07 per share.

The equipment manufacturer for the transportation, power, food and construction industries posted revenue of $3.94 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $3.77 billion.

Illinois Tool Works expects full-year earnings to be $9 to $9.40 per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ITW at https://www.zacks.com/ap/ITW

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