Earnings Preview: Stanley Black & Decker
Portfolio Pulse from Benzinga Insights
Stanley Black & Decker (NYSE:SWK) is scheduled to release its quarterly earnings report on February 1, 2024. Analysts predict an EPS of $0.79. Investors are looking for an earnings beat and positive guidance for the next quarter. In the past, SWK's stock price has not always correlated with earnings performance. Shares are currently trading at $95.29, with a 0.75% decline over the last 52 weeks.
January 31, 2024 | 7:00 pm
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Stanley Black & Decker is anticipated to report an EPS of $0.79 in its upcoming earnings. Historical data shows mixed stock price reactions to past earnings. Current share price is $95.29, with a slight downtrend over the past year.
The short-term impact on SWK's stock price is uncertain. While an earnings beat and positive guidance could lead to a positive reaction, historical performance shows that the stock price does not always move in line with earnings results. The slight year-over-year decline in stock price indicates a cautious market sentiment, which may temper any positive earnings impact.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100