Stanley Black & Decker (SWK) Tops Q2 EPS by 28c; Narrows Guidance
Stanley Black & Decker (NYSE: SWK) reported Q2 EPS of ($0.11), $0.28 better than the analyst estimate of ($0.39). Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.14 billion.
GUIDANCE:
Stanley Black & Decker narrows FY2023 EPS to $0.70-$1.30, from $0.00-$2.00 and the consensus of $0.96.
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