S&P 500 (NYSE:SPY) component Stanley Black & Decker, Inc. (NYSE:SWK) will unveil its latest earnings tomorrow, Thursday, January 24, 2013. Stanley Black & Decker supplies tools and engineered solutions for professional, industrial, construction, and do-it-yourself use, as well as security solutions for industrial and commercial applications.
Stanley Black & Decker, Inc. Earnings Preview Cheat Sheet
Wall St. Earnings Expectations: The average analyst estimate is for net income of $1.40 per share, a rise of 2.9% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from $1.45. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month. For the year, analysts are projecting profit of $5.25 per share, a rise of 0.2% from last year.
Past Earnings Performance: For the past three quarters, the company’s quarterly results have come in below analyst’s expectations. Last quarter, the company reported net income of $1.40 per share versus a mean estimate of profit of $1.45 per share.
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A Look Back: In the third quarter, profit fell 25.5% to $115.2 million (69 cents a share) from $154.6 million (92 cents a share) the year earlier, missing analyst expectations. Revenue rose 5.7% to $2.79 billion from $2.64 billion.
Here’s how Stanley Black & Decker traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week:
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