Stanley Black & Decker (SWK) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

Core Viewpoint - Analysts forecast that Stanley Black & Decker (SWK) will report quarterly earnings of $1.28 per share, reflecting a year-over-year increase of 39.1$3.57 billion [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 8.8% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3] Key Metrics Forecast - Analysts project 'Net Sales- Tools & Outdoor' to reach $3.08 billion, a decrease of 2.4$488.22 million, indicating a year-over-year decline of 16.2% [5] - 'Operating profit- Tools & Outdoor- Normalized' is expected to be $317.53 million, slightly up from$315.80 million reported in the same quarter last year [5] - The consensus for 'Operating profit- Industrial- Normalized' is $56.37 million, down from$64.40 million in the same quarter last year [6] Stock Performance - Stanley Black & Decker shares have increased by 9.1% over the past month, outperforming the Zacks S&P 500 composite, which rose by 2.7% [7] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to closely follow overall market performance in the near term [7]