Investing.com - Stanley Black Decker reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Stanley Black Decker announced earnings per share of $2.14 on revenue of $4.1B. Analysts polled by Investing.com anticipated EPS of $2.05 on revenue of $4.47B.
Stanley Black Decker shares are down 7% from the beginning of the year, still down 22.38% from its 52 week high of $225.00 set on May 10, 2021. They are under-performing the S&P 500 which is down 5.26% from the start of the year.
Stanley Black Decker follows other major Industrials sector earnings this month
Stanley Black Decker's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.59 on revenue of $27.77B, compared to forecasts EPS of $3.09 on revenue of $27.06B.
Union Pacific had beat expectations on January 20 with fourth quarter EPS of $2.66 on revenue of $5.73B, compared to forecast for EPS of $2.61 on revenue of $5.6B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar