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Barchart
Neha Panjwani

What You Need to Know Ahead of Stanley Black & Decker's Earnings Release

SWK

New Britain, Connecticut-based Stanley Black & Decker, Inc. (SWK) is a diversified global provider of hand tools, power tools and related accessories, mechanical access and electronic security solutions, healthcare solutions, engineered fastening systems, and more. Valued at $16.7 billion by market cap, the company offers onshore and offshore pipeline construction and inspection services. The leading manufacturer of hand and power tools is expected to announce its fiscal third-quarter earnings for 2024 after the market closes on Tuesday, Oct. 29. 

Ahead of the event, analysts expect SWK to report a profit of $1.03 per share on a diluted basis, down 1.9% from $1.05 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. 

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