Stanley Black & Decker (SWK) Beats Tops Q2 Earnings, Sales

SWK

Stanley Black & Decker, Inc. (SWK - Free Report) is a leading global manufacturer of branded tools and engineered solutions for professional, industrial and consumer applications. Also, the company provides integrated access and security solutions to commercial, institutional and residential customers. This New Britain, CT-based company has a $21.5 billion market capitalization.

However, Stanley Black & Decker’s exposure to headwinds including uncertain global economic conditions, unfavorable foreign currency movements, commodity inflation, industry rivalry and high debt levels remain major causes of concern. Investors are eagerly waiting for the company’s latest earnings report.

In the last four quarters, the company delivered better-than-expected results, with an average positive earnings surprise of 2.92%. In the last quarter, the company’s earnings of $1.39 per share exceeded the Zacks Consensus Estimate by 2.96%.

Stanley Black & Decker, Inc. Price, Consensus and EPS Surprise

 

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