• Stanley Black & Decker Inc SWK.N reported quarterly adjusted earnings of $1.22​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.05. The mean expectation of fifteen analysts for the quarter was for earnings of $1.05 per share. Wall Street expected results to range from 99 cents to $1.11 per share.

• Revenue fell 5.1% to $3.75 billion from a year ago; analysts expected $3.80 billion.

• Stanley Black & Decker Inc's reported EPS for the quarter was 60 cents​.

• The company reported quarterly net income of $91.1 million.

• Stanley Black & Decker Inc shares had fallen by 6.5% this quarter and gained 4.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 13 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the industrial machinery & equipment peer group is also "hold"

Wall Street's median 12-month price target for Stanley Black & Decker Inc is 107.22

This summary was machine generated from LSEG data October 29 at 02:19 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)