Stanley Black & Decker Narrows FY23 Adj. EPS Guidance From $0.00-$2.00 To $0.70-$1.30 vs $0.96 Est.
Portfolio Pulse from Benzinga Newsdesk
Stanley Black & Decker has revised its FY23 adjusted EPS guidance from a range of $0.00-$2.00 to $0.70-$1.30, compared to the estimated $0.96.
August 01, 2023 | 10:05 am
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Stanley Black & Decker's revised FY23 EPS guidance is narrower and lower than previously stated, which may impact investor sentiment.
The revised EPS guidance by Stanley Black & Decker is lower than the previous range, which could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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IMPORTANCE 80
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