Stanley Black & Decker (NYSE:SWK) reported its Q3 earnings results on Thursday, October 28, 2021 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Stanley Black & Decker beat their estimated earnings by 12.15%, reporting an EPS of $2.77 versus an estimate of $2.47, which surprised analysts.
Revenue was up $413,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.21, which was followed by a 3.06% drop in the share price the next day.
Here's a look at Stanley Black & Decker's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.87 | 2.55 | 2.97 | 2.68 |
| EPS Actual | 3.08 | 3.13 | 3.29 | 2.89 |
| Revenue Estimate | 4.21B | 3.96B | 4.10B | 3.99B |
| Revenue Actual | 4.30B | 4.20B | 4.41B | 3.85B |
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