Investing.com - Stanley Black Decker reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Stanley Black Decker announced earnings per share of $0.76 on revenue of $4.10. Analysts polled by Investing.com anticipated EPS of $0.72 on revenue of $4B.
Stanley Black Decker shares are down 4% from the beginning of the year, still down 60.19% from its 52 week high of $199.20 set on November 12, 2021.
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 $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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