Stanley Black & Decker (SWK) Misses Q2 EPS by 36c; Guides Sharply Lower

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Go back to Stanley Black & Decker (SWK) Misses Q2 EPS by 36c; Guides Sharply Lower

Stanley Black & Decker (SWK) Tumbles ON Earnings, Revenue Miss, Guidance Cut

July 28, 2022 4:04 PM EDT

Stanley Black & Decker (NYSE: SWK) shares plummeted over 16% Thursday on the back of its earnings report, revealing that it missed second-quarter earnings and revenue estimates.

The company posted earnings per share of $1.77, $0.36 below the analyst estimate of $2.13, while revenue came in at $4.4 billion, missing the consensus... More