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Stanley Black Gears Up to Report Q3 Earnings: Is a Beat in the Cards?

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Key Takeaways

  • SWK is set to report Q3 earnings on Nov. 4, with EPS expected to rise 7.7% despite a 1% revenue decline.
  • Strong power tool demand may lift Tools & Outdoor sales, while Engineered Fastening revenues may fall.
  • SWK's cost cuts and supply-chain improvements may bolster margins, while a 1.10% Earnings ESP signals a beat.

Stanley Black & Decker, Inc. (SWK - Free Report) is scheduled to release third-quarter 2026 results on Nov. 4, before market open.

The Zacks Consensus Estimate for this New Britain, CT-based tool maker’s third-quarter revenues is pegged at $3.72 billion, indicating a decline of 1% from the year-ago quarter. The consensus estimate for adjusted earnings is pinned at $1.54 per share. The figure indicates growth of 7.7% from the year-ago quarter’s number.

The consensus estimate for earnings has increased 0.7% over the past 60 days. The company has an impressive earnings surprise history, having outperformed the consensus estimate in each of the preceding four quarters, the average surprise being 23.3%.

Let’s see how things have shaped up for Stanley Black before the announcement.

Factors Likely to Have Shaped SWK’s Quarterly Performance

Stanley Black’s Tools & Outdoor segment’s results are expected to benefit from the solid demand for power tools and strength in U.S. retail, commercial and industrial channels. Healthy demand across North America and the rest of the world markets is likely to have supported its performance. We expect the Tools & Outdoor segment’s revenues to increase 2.1% year over year to $3.33 billion.

Solid momentum in the industrial and automotive markets is expected to have aided the Engineered Fastening segment’s third-quarter performance. However, the company divested its business unit, Consolidated Aerospace Manufacturing LLC (“CAM”), in April 2026, which is likely to weigh on the segment’s top-line results. We expect the Engineered Fastening segment’s revenues to decline 21.2% year over year to $395 million.

Stanley Black has been incurring high costs and operating expenses over time, which are likely to have weighed on its performance. Also, supply-chain challenges and labor shortages are likely to impact its results in the to-be-reported quarter.

Nevertheless, SWK’s focus on cost reduction and operational efficiency is likely to have supported its bottom line in the third quarter. The company is expected to have put up a healthy margin performance, aided by supply-chain transformation and inventory reduction efforts.

Earnings Whisper

Our proven model predicts an earnings beat for SWK this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as elaborated below. 

Earnings ESP: SWK has an Earnings ESP of +1.10% as the Most Accurate Estimate is pegged at $1.56 per share, higher than the Zacks Consensus Estimate of $1.54. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

Zacks Rank: Stanley Black presently carries a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Other Stocks to Consider

Here are some other companies which according to our model, have the right combination of elements to beat on earnings in this reporting cycle.

Emerson Electric Co. (EMR - Free Report) has an Earnings ESP of +0.40% and a Zacks Rank of 2 at present. The company is scheduled to release fourth-quarter fiscal 2026 results on Nov. 4.

Emerson’s earnings beat the Zacks Consensus Estimate twice and matched on the other two occasions of the preceding four quarters, the average surprise being 1.3%.

Trimble (TRMB - Free Report) has an Earnings ESP of +1.16% and a Zacks Rank of 3 at present. The company is scheduled to release third-quarter 2026 earnings on Nov. 4, before market open. 

The company’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 8.4%.

CNH Industrial (CNH - Free Report) has an Earnings ESP of +50.00% and a Zacks Rank of 3 at present. The company is scheduled to release third-quarter 2026 earnings on Nov. 9, before market open.

CNH Industrial’s earnings surpassed the Zacks Consensus Estimate twice in the trailing four quarters while matching and missing in the other two, with the average surprise being 13.1%.

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