Stanley Black & Decker (NYSE:SWK) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Stanley Black & Decker beat estimated earnings by 43.84%, reporting an EPS of $-0.41 versus an estimate of $-0.73.
Revenue was down $516.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.21 which was followed by a 2.16% drop in the share price the next day.
Here’s a look at Stanley Black & Decker’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.31 | 0.74 | 2.12 | 1.7 |
| EPS Actual | -0.10 | 0.76 | 1.77 | 2.1 |
| Revenue Estimate | 3.88B | 4.00B | 4.77B | 4.65B |
| Revenue Actual | 3.99B | 4.12B | 4.39B | 4.45B |
To track all earnings releases for Stanley Black & Decker visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
