Stanley Black & Decker (SWK) Tops Q3 EPS by 6c; Lifts Low End of EPS Outlook

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Go back to Stanley Black & Decker (SWK) Tops Q3 EPS by 6c; Lifts Low End of EPS Outlook

Stanley Black & Decker Reports 3Q 2016 Results

October 27, 2016 6:00 AM EDT

NEW BRITAIN, Conn., Oct. 27, 2016 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced third quarter 2016 financial results.

3Q'16 Revenues Totaled $2.9 Billion, Up 2% Versus Prior Year, Fueled By 3% Organic Growth 3Q'16 Diluted EPS Was $1.68, Up 8% From 3Q'15 As Strong Operational Performance Combined With A Lower Share Count More Than Offset Currency Headwinds And Growth Investments Raising Mid-Point Of And Tightening 2016 Full Year Diluted EPS Guidance Range To $6.40 - $6.50 (Up 8% - 10% Versus 2015) From $6.30 - $6.50, Due To Improved Operational Performance; Reiterating Free Cash Flow Conversion Estimate Of Approximately 100% Of... More