Stanley Black & Decker Reports 2Q 2020 Results
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Stanley Black & Decker (SWK) Tops Q2 EPS by 37c
July 30, 2020 6:04 AM EDTStanley Black & Decker (NYSE: SWK) reported Q2 EPS of $1.60, $0.37 better than the analyst estimate of $1.23. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.11 billion.
2020 financial results.
2Q'20 Revenues Totaled $3.1 Billion, Down 16% Versus Prior Year Related To Market-Driven Declines Resulting From COVID-19Operating Margin Rate Was 8.9%; Excluding Charges, Operating Margin Rate Was 12.8% Down 200 Basis Points Versus Prior Year; Margin Performance Was Aided By Strong Cost Control And Price Realization2Q'20 Diluted GAAP EPS Was $1.52; Excluding Charges, 2Q'20 Diluted EPS Was $1.60Quarterly Common Stock Dividend Increased... More