Stanley Black & Decker, Inc. Reveals 20% Advance In Q3 Bottom Line

(RTTNews) - Stanley Black & Decker, Inc. (SWK) revealed earnings for its third quarter that gained ground from last year.

The company said its bottom line climbed to $298.2 million, or $1.95 per share. This was up from $248.9 million, or $1.68 per share, in last year's third quarter.

Analysts had expected the company to earn $1.87 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 14.6% to $3.30 billion. This was up from $2.88 billion last year.

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

-Earnings (Q3): $298.2 Mln. vs. $248.9 Mln. last year. -Earnings Growth (Y-o-Y): 19.8% -EPS (Q3): $1.95 vs. $1.68 last year. -EPS Growth (Y-o-Y): 16.1% -Analysts Estimate: $1.87 -Revenue (Q3): $3.30 Bln vs. $2.88 Bln last year. -Revenue Change (Y-o-Y): 14.6%

-Guidance: Full year EPS guidance: $7.33 - $7.43