SWK Beats Estimate, Lowers Guidance
Posted on October 18, 2011 at 12:00 PM EDT
StanleyBlack & Decker (NYSE:SWK) reported its financial results for the third quarter of 2011 with earnings per share from continuing operations of $1.34, up from 97 cents reported in the year-ago comparable quarter. Earnings also surpassed the Zacks Consensus Estimate of $1.32. GAAP EPS including 42 cents of merger related charges was 92 cents compared [...]

StanleyBlack & Decker (NYSE:SWK) reported its financial results for the third quarter of 2011 with earnings per share from continuing operations of $1.34, up from 97 cents reported in the year-ago comparable quarter. Earnings also surpassed the Zacks Consensus Estimate of $1.32.
GAAP EPS including 42 cents of merger related charges was 92 cents compared with 73 cents in the third quarter of 2010.
Revenue
Net revenue for the third quarter jumped 11.3% year over year to $2.6 billion. The … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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