Stanley Black & Decker Reports 1Q 2019 Results
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Stanley Black & Decker (SWK) Tops Q1 EPS by 31c; Raises FY19 EPS Mid-Point Guidance Above Consensus
April 24, 2019 6:08 AM EDTStanley Black & Decker (NYSE: SWK) reported Q1 EPS of $1.42, $0.31 better than the analyst estimate of $1.11. Revenue for the quarter came in at $3.33 billion versus the consensus estimate of $3.3 billion.
1Q'19 Revenues Totaled $3.3 Billion, Up 4% Versus Prior Year, Fueled By 5% Organic Growth And 3% Growth From Acquisitions1Q'19 Diluted GAAP EPS Was $1.13; Excluding Charges, 1Q'19 Diluted EPS Was $1.42, Overcoming $160 Million Or Approximately $0.90 Of EPS In External HeadwindsEPS Outperformance Driven By Strong Operational Performance And 16 Cents (~50% Of Outperformance) Of Tax Timing Within The YearSuccessfully Completed Acquisition Of IES AttachmentsRaising Full Year... More