Stanley Black & Decker shares are trading higher after the company reported mixed Q3 financial results and raised FY23 adjusted EPS guidance.
Portfolio Pulse from Benzinga Newsdesk
Stanley Black & Decker reported mixed Q3 financial results but raised its FY23 adjusted EPS guidance. This has led to an increase in the company's share price.
October 27, 2023 | 12:19 pm
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Stanley Black & Decker's shares are trading higher after the company reported mixed Q3 results and raised its FY23 adjusted EPS guidance.
Stanley Black & Decker's mixed Q3 results might have caused some uncertainty among investors. However, the company's decision to raise its FY23 adjusted EPS guidance indicates a positive outlook, which has likely led to the increase in its share price.
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