Let's Do the Numbers:
Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of $1.27 per share and revenues of $2.62 billion. We'll have to wait for Monday to see if Stanley Black & Decker has accomplished the estimated 143% rise in EPS and 111% increase in revenues on a year-over-year basis.Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 | Q4 | Q3 | Q2 |
EPS Estimate | $1.00 | 92 cents | 89 cents | 77 cents |
EPS Actual | $1.08 | $1.05 | 97 cents | $1.24 |
Stock Performance:
At last check, shares of Stanley Black & Decker were trading at $71.10. Since January 1st, shares of Stanley Black & Decker have given investors a return of 7.5%.Average Stock Rating:
The average rating by analysts for Stanley Black & Decker is a Hold.Industry:
The machine tools and products company's industry has seen price/earnings growth of 0.7% during the current fiscal year.
Finally, a description of the main business areas of the company, in case you need a little refresher: Stanley Black & Decker supplies tools and engineered solutions for professional, industrial, construction, and do-it-yourself use, as well as security solutions for industrial and commercial applications.
Take Action:
Now that you have reviewed all the numbers, be ready to move if the upcoming Stanley Black & Decker earnings report has any surprises. Also, come back to Benzinga after the announcement for a full recap and a guide to your next steps.
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