Stanley Black (SWK) to Report Q2 Earnings: Is a Beat in Store?

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 ...