Stanley Black & Decker, Inc. Earnings Rise 15% In Q2

(RTTNews) - Stanley Black & Decker, Inc. (SWK) revealed a profit for its second quarter that climbed from last year.

The company said its bottom line climbed to $271.5 million, or $1.84 per share. This was up from $235.5 million, or $1.54 per share, in last year's second quarter.

Analysts had expected the company to earn $1.72 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.1% to $2.93 billion. This was up from $2.87 billion last year.

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

-Earnings (Q2): $271.5 Mln. vs. $235.5 Mln. last year. -Earnings Growth (Y-o-Y): 15.3% -EPS (Q2): $1.84 vs. $1.54 last year. -EPS Growth (Y-o-Y): 19.5% -Analysts Estimate: $1.72 -Revenue (Q2): $2.93 Bln vs. $2.87 Bln last year. -Revenue Change (Y-o-Y): 2.1%

-Guidance: Full year EPS guidance: $6.30 - $6.50