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Stanley Black & Decker, Inc. Q2 adjusted earnings Beat Estimates


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Stanley Black & Decker, Inc. Q2 adjusted earnings Beat Estimates


(RTTNews.com) - Stanley Black & Decker, Inc. ( SWK ) revealed earnings for its second quarter that rose from last year.

The company's profit totaled $293.6 million, or $0.63 per share. This compares with $277.6 million, or $0.58 per share, in last year's second quarter.

Excluding items, Stanley Black & Decker, Inc. reported adjusted earnings of $391.8 million or $2.57 per share for the period.

Analysts had expected the company to earn $2.01 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.6% to $3.64 billion from $3.29 billion last year.

Stanley Black & Decker, Inc. earnings at a glance:


-Earnings (Q2): $391.8 Mln. vs. $307.0 Mln. last year.
-EPS (Q2): $2.57 vs. $2.02 last year.
-Analysts Estimate: $2.01
-Revenue (Q2): $3.64 Bln vs. $3.29 Bln last year.

<b>-Guidance</b>:

Full year EPS guidance: $8.30 - $8.50

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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: SWK ,



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