RTTNews | Jan 28, 2021 06:04AM EST

06:03 Thursday, January 28, 2021 (RTTNews.com) - Stanley Black & Decker, Inc. (SWK) released earnings for its fourth quarter that climbed from last year.

The company's profit totaled $458.0 million, or $2.88 per share. This compares with $199.1 million, or $1.32 per share, in last year's fourth quarter.

Excluding items, Stanley Black & Decker, Inc. reported adjusted earnings of $523.6 million or $3.29 per share for the period.

Analysts had expected the company to earn $2.98 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 18.9% to $4.41 billion from $3.71 billion last year.

Stanley Black & Decker, Inc. earnings at a glance:

-Earnings (Q4): $523.6 Mln. vs. $330.4 Mln. last year.-EPS (Q4): $3.29 vs. $2.18 last year.-Analysts Estimate: $2.98-Revenue (Q4): $4.41 Bln vs. $3.71 Bln last year.

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