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Stanley Black & Decker Inc Reaffirms FY 2013 EPS Guidance; Raises FY 2013 Revenue Guidance

Friday, 26 Jul 2013 06:00am EDT 

Stanley Black & Decker Inc announced that it continues to expect fiscal 2013 EPS to be in the range of $5.40-$5.65. Organic net sales for fiscal 2013 are now expected to increase an additional two points to 4%-5% (vs. the prior 2%-3% increase) from fiscal 2012. Including all charges, the Company expects GAAP EPS to approximate $4.46 to $4.71 in fiscal 2013. For fiscal 2013 the Company estimates one-time pre-tax charges to be approximately $200 million. The Company reported revenue of $10.191 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report EPS of $5.44 and revenue of $11.008 billion for fiscal 2013. 

Company Quote

-0.21 -0.23%
23 Sep 2014