Stanley Black & Decker: Q2 Earnings Insights

Shares of Stanley Black & Decker SWK rose 2.5% after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 39.85% year over year to $1.60, which beat the estimate of $1.23.

Revenue of $3,147,000,000 decreased by 16.33% year over year, which beat the estimate of $3,110,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Stanley Black & Decker hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jul 30, 2020

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/ioyva72s

Technicals

52-week high: $173.67

Company's 52-week low was at $70.00

Price action over last quarter: Up 46.58%

Company Overview

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.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!