Stanley Black & Decker: Q1 Earnings Insights

Stanley Black & Decker SWK reported its Q1 earnings results on Thursday, May 4, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Stanley Black & Decker beat estimated earnings by 43.84%, reporting an EPS of $-0.41 versus an estimate of $-0.73.

Revenue was down $516.00 million from the same period last year.

Last quarter the company beat on EPS by $0.21 which was followed by a 2.16% drop in the share price the next day.

Here's a look at Stanley Black & Decker's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.31	0.74	2.12	1.7
EPS Actual	-0.10	0.76	1.77	2.1
Revenue Estimate	3.88B	4.00B	4.77B	4.65B
Revenue Actual	3.99B	4.12B	4.39B	4.45B

To track all earnings releases for Stanley Black & Decker visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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