While reporting financial results for the fourth quarter on Thursday, Stanley Black & Decker (SWK) initiated its earnings and adjusted earnings outlook for the full-year 2022, above analysts' estimates.
For fiscal 2022, the company now projects earnings in a range of $10.10 To $10.70 per share and adjusted earnings in a range of $12.00 To $12.50 per share.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $11.94 per share for the year. Analysts' estimates typically exclude special items.
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