Stanley Black & Decker (SWK) Posts Upbeat Q2 Earnings, Sales

 | Jul 24, 2017 06:12AM ET

Stanley Black & Decker Inc. (NYSE:SWK) is a leading global manufacturer of branded tools and engineered solutions for professional, industrial and consumer applications. Also, the company provides integrated access and security solutions to commercial, institutional and residential customers. This New Britain, CT-based company has a $22.5 billion market capitalization.

However, Stanley Black & Decker’s exposure to headwinds including uncertain global economic conditions, unfavorable foreign currency movements, commodity inflation, industry rivalry and high debt levels remain major causes of concern. Investors are eagerly waiting for the company’s latest earnings report.

Stanley Black & Decker’s earnings track record has been impressive in the trailing four quarters. Better-than-expected results in all occasions led to an average earnings surprise of +5.38%.

Stanley Black & Decker, Inc. Price and Consensus

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