Stanley Black & Decker Reports 1Q 2023 Results

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Stanley Black & Decker (SWK) results mixed as revenue impacted by lower consumer and DIY volume

May 4, 2023 1:51 PM EDT

Stanley Black & Decker (NYSE: SWK) reported mixed first-quarter results Thursday, topping earnings estimates but missing consensus revenue expectations.

The Connecticut-based company reported a Q1 loss per share of $0.41, $0.32 better than the analyst estimate of a loss of $0.73 per share. However, revenue for... More

Stanley Black & Decker (SWK) Tops Q1 EPS, Revenues Miss

May 4, 2023 6:04 AM EDT

Stanley Black & Decker (NYSE: SWK) reported Q1 EPS of ($0.41), $0.32 better than the analyst estimate of ($0.73). Revenue for the quarter came in at $3.9 billion versus the consensus estimate of $4.01 billion.

GUIDANCE:

Stanley Black & Decker sees FY2023 EPS of $0.00-$2.00, versus the... More