Earnings Preview: Stanley Black & Decker's EPS, Revenue Expected to Rise
Stanley Black & Decker (NYSE: SWK) unveils its next round of earnings this Monday, October 17, 2011. Here is Benzinga's everything-that-matters guide for this Monday's third quarter earnings announcement.
Earnings and Revenue:
Based on estimates, investors are readying for a positive EPS reading of $1.34/share and revenues of $2.56 billion. Stanley Black & Decker's latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 97 cents/share on revenues of $2.37 billion. We'll have to wait for Monday to see if Stanley Black & Decker falls in line with analyst expectations and reports an estimated increase in both EPS and revenue from the year-ago quarter.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 | Q1 | Q4 | Q3 |
| EPS Estimate | $1.27 | $1.00 | $0.92 | $0.89 |
| EPS Actual | $1.18 | $1.08 | $1.05 | $0.97 |
Stock Performance:
At last check, shares of Stanley Black & Decker were trading at $55.96. Since January 1st, shares of Stanley Black & Decker have declined 14.8%.
Average Stock Rating:
The average rating by analysts for Stanley Black & Decker is a Moderate Buy. The strength of this rating has risen over the past three months.
Competitors:
Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Stanley Black & Decker's peers.
- Snap On (SNA): Strong Buy with a $1.14 recent quarter EPS
Stanley Black & Decker is in the machine tools and related products industry, which has experienced price/earnings growth of 0.9%.
Finally, a description of the company's main areas of operation: 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're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.
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