logo
Plus   Neg
Share
Email

Stanley Black & Decker, Inc. Q4 Profit Advances 10%

Stanley Black & Decker, Inc. (SWK) released earnings for its fourth quarter that climbed compared to the same period last year.

The company said its bottom line rose to $281.5 million, or $1.84 per share. This was higher than $255.5 million, or $1.71 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.14 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 16.8% to $3.41 billion. This was up from $2.92 billion last year.

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

-Earnings (Q4): $281.5 Mln. vs. $255.5 Mln. last year.
-Earnings Growth (Y-o-Y): 10.2%
-EPS (Q4): $1.84 vs. $1.71 last year.
-EPS Growth (Y-o-Y): 7.6%
-Analysts Estimate: $2.14
-Revenue (Q4): $3.41 Bln vs. $2.92 Bln last year.
-Revenue Change (Y-o-Y): 16.8%

-Guidance:
Full year EPS guidance: $8.30 - $8.50

For comments and feedback contact: editorial@rttnews.com

Follow RTT