Earnings Outlook For Stanley Black & Decker
Portfolio Pulse from Benzinga Insights
Stanley Black & Decker (NYSE:SWK) is set to release its quarterly earnings report on October 27, 2023. Analysts estimate an earnings per share (EPS) of $0.83. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. The stock is currently trading at $77.25, down 1.1% over the last 52-week period.
October 26, 2023 | 3:01 pm
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Stanley Black & Decker is expected to report an EPS of $0.83. Despite beating EPS estimates in the past, the company's share price has typically dropped. The stock is down 1.1% over the last 52 weeks.
The company has a history of beating EPS estimates but this has often been followed by a drop in share price. Given this pattern and the fact that the stock is down over the last 52 weeks, it is likely that the upcoming earnings report could lead to a further decrease in the short term.
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