News Formal

We upgraded Stanley Black & Decker stock despite the post-earnings selling

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 62%
  • Publisher: 72%

Mortgages ニュース

Interest Rates,Housing,U.S. 10 Year Treasury

While the numbers were disappointing, the company's turnaround continues to plan.

Stanley Black & Decker reported mixed quarterly results before Tuesday's opening bell, and the stock got whacked. While the numbers were disappointing, the company's turnaround continues to plan. Revenue fell 5% year over year to $3.75 billion in the third quarter, shy of the $3.8 billion expected by analysts, according to estimates compiled by LSEG. Organically, sales were down 2% year-over-year. Adjusted earnings per share rose 16% to $1.22, topping LSEG's estimate of $1.05.

The New York Stock Exchange welcomes DEWALT , on May 14, 2024, in celebration of its 100th anniversary of founding. To honor the occasion, Donald Allan, Jr., President & CEO of Stanley Black & Decker, joined by Chris Taylor, NYSE Global Head of Advisory, rings the Opening Bell®.reported mixed quarterly results before Tuesday's opening bell, and the stock got whacked. While the numbers were disappointing, the company's turnaround continues to plan.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Jim Cramer says buy Stanley Black & Decker's post-earnings plunge 'aggressively'Shares of the Club stock tumbled Tuesday after the DeWalt owner reported earnings.
ソース: CNBC - 🏆 12. / 72 続きを読む »

Wall Street analysts get it wrong on two of our portfolio industrial stocksNew research from Wall Street analysts missed the mark on Stanley Black & Decker and DuPont.
ソース: CNBC - 🏆 12. / 72 続きを読む »