Stanley Black & Decker (SWK) Tops Q3 Earnings Estimates

Stanley Black & Decker (SWK) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $1.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.45%. A quarter ago, it was expected that this tool company would post earnings of $0.85 per share when it actually produced earnings of $1.09, delivering a surprise of 28.24%.Over the last four quarters, t ...