Benzinga | Oct 27, 2020 06:04AM EDT

Stanley Black & Decker Q3 Adj. EPS $2.89 Beats $2.68 Estimate, Sales $3.90B Miss $3.99B Estimate

Stanley Black & Decker (NYSE:SWK) reported quarterly earnings of $2.89 per share which beat the analyst consensus estimate of $2.68 by 7.84 percent. This is a 35.68 percent increase over earnings of $2.13 per share from the same period last year. The company reported quarterly sales of $3.90 billion which missed the analyst consensus estimate of $3.99 billion by 2.26 percent. This is a 7.35 percent increase over sales of $3.63 billion the same period last year.