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Shares of Stanley Black & Decker (NYSE:SWK) rose 0.1% in pre-market trading after the company reported Q1 results.
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Quarterly Results
Earnings per share rose 160.83% year over year to $3.13, which beat the estimate of $2.55.
Revenue of $4,197,000,000 up by 34.13% year over year, which beat the estimate of $3,960,000,000.
Looking Ahead
The upcoming fiscal year's EPS expected to be between $10.70 and $11.00.
Details Of The Call
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Date: Apr 28, 2021
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Price Action
Company's 52-week high was at $211.42
Company's 52-week low was at $97.64
Price action over last quarter: Up 19.85%
Company Profile
Stanley Black & Decker Inc is a manufacturer of hand and power tools. The company operates three business segments: tools and storage, security, and industrial. Tools and storage, the largest segment by revenue, sells hand tools and power tools to professional end-users, distributors, retail consumers, and industrial customers. Security installs electronic security systems and provides electronic security services including alarm monitoring and video surveillance. Industrial sells engineered fastening products such as stud-welding systems, blind inserts and tools, and engineered plastic and mechanical fasteners. The largest end market is the United States of America.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.