Stanley Black & Decker Reports Record 2Q 2021 Results

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Stanley Black & Decker (SWK) Tops Q2 EPS by 23c, Offers FY Guidance

July 27, 2021 6:11 AM EDT

Stanley Black & Decker (NYSE: SWK) reported Q2 EPS of $3.08, $0.23 better than the analyst estimate of $2.85. Revenue for the quarter came in at $4.3 billion versus the consensus estimate of $4.2 billion.

GUIDANCE:

Stanley Black & Decker sees 2021 EPS of $11.35-$11.65, versus the consensus of $11.19.

Management is raising its 2021 EPS outlook to $10.80 - $11.20 from $10.15 - $10.55 on a GAAP basis, and to $11.35 - $11.65 from $10.70 - $11.00 on an adjusted basis. The Company is also reiterating that free cash flow is expected to... More