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Stanley Black & Decker (SWK) Is Falling After Q1 Miss

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Stanley Black & Decker (SWK: Quote) reported first quarter EPS of $1.09, excluding charges, after the bell Wednesday. The consensus estimate was for EPS of $1.13. The stock is now down 3.03 on 8K shares.

Stanley Black & Decker gapped open lower Wednesday, but traded in a range for the majority of the session. Shares finished down by 0.53 at $78.49. The stock closed near the middle of over a 5-week range.

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by RTT Staff Writer

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