Stanley Black & Decker (SWK) Tops Q1 EPS by 14c
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Stanley Black & Decker Reports 1Q 2016 Results
April 21, 2016 6:00 AM EDTNEW BRITAIN, Conn., April 21, 2016 /PRNewswire/ --Â Stanley Black & Decker (NYSE: SWK) today announced first quarter 2016 financial results.
1Q'16 Revenues Totaled $2.7 Billion, Up 2% Versus Prior Year, Fueled By 5% Organic Growth 1Q'16 Diluted EPS Was $1.28, Up 20% From 1Q'15 As Strong Operational Performance Combined With Lower Share Count And Lower Restructuring More Than Offset Severe Currency Headwinds Raising Full Year Organic Growth Estimate From ~3% To 3-4% Raising 2016 Full Year Diluted EPS Guidance Range To $6.20 To $6.40 (Up 5% To 8% Versus 2015) From $6.00 To $6.20, Due Primarily To Modestly Higher Organic Growth And... More