Stanley Black & Decker Reports 3Q 2018 Results; Announces $250 Million Cost Reduction Program To Offset 2019 External Headwinds

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Stanley Black & Decker (SWK) Tops Q3 EPS by 4c, Lowers FY EPS Guidance

October 25, 2018 6:25 AM EDT

Stanley Black & Decker (NYSE: SWK) reported Q3 EPS of $2.08, $0.04 better than the analyst estimate of $2.04. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.59 billion.

GUIDANCE:

Stanley Black & Decker sees FY2018 EPS of $8.10-$8.20, versus the... More