Stanley Black & Decker: Fourth Quarter Earnings Overview

Stanley Black & Decker Announces Fourth-Quarter Financial Results

Stanley Black & Decker Inc., headquartered in New Britain, Connecticut, revealed a net income of $158.2 million for the fourth quarter.

The company reported earnings of $1.04 per share, while adjusted earnings—excluding one-time expenses—came in at $1.41 per share.

These adjusted results surpassed analysts’ expectations, as a consensus of five analysts polled by Zacks Investment Research had projected earnings of $1.27 per share.

During the quarter, the company generated $3.68 billion in revenue, which was slightly below the $3.76 billion anticipated by analysts surveyed by Zacks.

For the full year, Stanley Black & Decker posted a profit of $401.9 million, or $2.65 per share, with total revenue reaching $15.13 billion.

Financial data for this article was sourced from Zacks Investment Research and compiled by Automated Insights.