What's Next: Stanley Black & Decker's Earnings Preview

Stanley Black & Decker (NYSE:SWK) is preparing to release its quarterly earnings on Tuesday, 2024-10-29. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Stanley Black & Decker to report an earnings per share (EPS) of $1.05.

Anticipation surrounds Stanley Black & Decker's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Performance in Previous Earnings

In the previous earnings release, the company beat EPS by $0.25, leading to a 0.41% drop in the share price the following trading session.

Here's a look at Stanley Black & Decker's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.84

0.54

0.79

0.83

EPS Actual

1.09

0.56

0.92

1.05

Price Change %

-0.0%

1.0%

-1.0%

6.0%

Performance of Stanley Black & Decker Shares

Shares of Stanley Black & Decker were trading at $101.98 as of October 25. Over the last 52-week period, shares are up 21.02%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Take on Stanley Black & Decker

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Stanley Black & Decker.

Analysts have given Stanley Black & Decker a total of 11 ratings, with the consensus rating being Neutral. ...