Stanley Black & Decker Reports 2Q 2019 Results
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Stanley Black & Decker (SWK) Tops Q2 EPS by 11c; Offers FY19 EPS Mid-Point Guidance Below Consensus
July 23, 2019 6:04 AM EDTStanley Black & Decker (NYSE: SWK) reported Q2 EPS of $2.66, $0.11 better than the analyst estimate of $2.55. Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $3.8 billion.
2Q'19 Revenues Totaled $3.8 Billion, Up 3% Versus Prior Year, Driven By Organic Growth And AcquisitionsOperating Margin Rate Was 13.8%; Excluding Charges, Operating Margin Rate Expanded 60 Basis Points Versus Prior Year To 14.8% As Price Actions And Cost Control More Than... More