Stanley Black & Decker Reports 2Q 2018 Results
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Stanley Black & Decker (SWK) Tops Q2 EPS by 53c, Beats on Revenues; Offers FY18 EPS Mid-Point Outlook Above Consensus
July 20, 2018 6:03 AM EDTStanley Black & Decker (NYSE: SWK) reported Q2 EPS of $2.57, $0.53 better than the analyst estimate of $2.04. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.5 billion.
2Q'18 Revenues Totaled $3.6 Billion, Up 11% Versus Prior Year, Headlined By 7% Organic GrowthPrice Actions In Response To Commodity Inflation And Currency Yielded 1 Point Of Organic Growth2Q'18 Diluted GAAP EPS Was $1.93; Excluding Charges, 2Q'18 Diluted EPS Was $2.57, As Price, Lower Expenses And Volume Leverage More Than Offset The Dilutive Earnings Impact Of Commodity Inflation And CurrencyCompleted $200 Million Share... More