Stanley Black & Decker, Inc. Bottom Line Retreats In Q1

(RTTNews) - Stanley Black & Decker, Inc. (SWK) revealed a profit for first quarter that Drops, from the same period last year

The company's bottom line totaled $59.6 million, or $0.39 per share. This compares with $90.4 million, or $0.60 per share, last year.

Excluding items, Stanley Black & Decker, Inc. reported adjusted earnings of $122.2 million or $0.80 per share for the period.

The company's revenue for the period rose 2.7% to $3.846 billion from $3.744 billion last year.

Stanley Black & Decker, Inc. earnings at a glance (GAAP) :

-Earnings: $59.6 Mln. vs. $90.4 Mln. last year. -EPS: $0.39 vs. $0.60 last year. -Revenue: $3.846 Bln vs. $3.744 Bln last year.

-Guidance: Full year EPS guidance: $ 4.90 To $ 5.70