Wall Street expects a year-over-year decline in earnings on lower revenues when Stanley Black & Decker (SWK) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 29, 2024, might help the stock move higher if these key numbers are bet ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Stanley Black & Decker (SWK) . This company, which is in the Zacks Manufacturing - Tools & Related Products industry, shows potential for another earnings beat. When looking at the last two reports, this tool company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 15.03%, on a ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

SWK Holdings Corporation (NASDAQ:SWKH) Q2 2024 Earnings Conference Call August 16, 2024 10:00 AM ET Company Participants Jody Staggs - President & CEO Ira Gostin - VP, IR Conference Call Participants Scott Jensen - Private Investor Operator Good day, and welcome to the SWK Holdings second quarter 2024 conference call. [Operator instructions]. I'll now turn the conference over to your host, Mr. Ira Gostin, Investor Relations. Sir, the floor is yours. Ira Gostin Good morning, everyone, and thank you for joini ...

Exhibit 99.1 SWK Holdings Corporation Announces Financial Results for Second Quarter 2024 Conference Call Scheduled for Friday, August 16, 2024, at 09:00 a.m. CST Corporate Highlights · Second quarter 2024 GAAP net income was $4.4 million, compared with net income of $3.9 million for the second quarter 2023 · Second quarter 2024 finance receivables segment adjusted non-GAAP net income was $6.5 million, compared with adjusted non-GAAP net income of $7.6 million for the second quarter 2023 · As of June 30, 20 ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Score ...

dia HT t 1 ALLY r l F e 1 te alacatr Introduction I last covered Stanley Black & Decker (NYSE:SWK) on April 8th of this year, when shares traded at $95.25, and I assigned a "Buy" rating. Shares have since rebounded by 10.73%, surpassing the S&P 500's increase of 4.55% by a wide margin. I have significantly increased my personal stake in SWK, purchasing shares in the low $80s and high $70s to make it a ~8% weight in my overall portfolio. Earlier today, SWK reported earnings that were, by all accounts, a slam ...

Segmental Discussion Margin Profile Balance Sheet and Cash Flow In the first six months of the year, SWK paid out dividends worth $243.6 million to its shareholders, up 1.7% from the year-ago period. Stanley Black's net sales of $4.02 billion beat the consensus estimate of $4.01 billion. The top line declined 3.2% year over year due to weakness in the Industrial segment. Revenues from the Industrial segment grossed $495.7 million, down 19.6% year over year. Our estimate for segmental revenues was $586.5 mil ...

Stanley Black & Decker (SWK) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to loss of $0.11 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 28.24%. A quarter ago, it was expected that this tool company would post earnings of $0.55 per share when it actually produced earnings of $0.56, delivering a surprise of 1.82%. Over the last four quarters, the ...

The consensus estimate for this New Britain, CT-based tool maker's revenues is pegged at $4 billion, indicating a decrease of 3.6% from the year-ago quarter's figure. The consensus estimate for adjusted earnings is pinned at 85 cents per share. SWK reported a loss of 11 cents per share in the year-ago quarter. Stanley Black's Industrial segment's results are expected to gain from the strong momentum in the Engineered Fastening business in the quarter, driven by strength in the aerospace and auto end markets ...