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Stanley Black & Decker Inc Reaffirms FY 2013 Guidance; Issues FY 2013 Charge Guidance


Thursday, 25 Apr 2013 06:00am EDT 

Stanley Black & Decker Inc announced that for fiscal 2013, it expects EPS to be in the range of $5.40-$5.65, excluding charges, based on the following assumptions, organic net sales to increase 2%-3% from fiscal 2012 driving $0.00-$0.15 of EPS accretion. The organic growth initiatives are expected to yield 1 point of revenue growth but will be approximately $0.15 dilutive to EPS. Including all charges, the Company expects GAAP EPS to approximate $4.46 to $4.71 in fiscal 2013. For fiscal 2013 the Company estimates the one-time pre-tax charges to be approximately $200 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $11.08 billion and EPS of $5.48 for fiscal 2013. 

Company Quote

92.27
0.37 +0.40%
17 Sep 2014