Stanley Black & Decker, Inc. Q1 Profit Increases, Beats Estimates

From Nasdaq.: 2025-04-30 06:16:00

Stanley Black & Decker, Inc. reported first quarter earnings of $90.4 million, or $0.60 per share, beating analyst expectations of $0.66 per share. Adjusted earnings were $114.4 million or $0.75 per share. Revenue for the period fell 3.2% to $3.744 billion from $3.869 billion last year. Earnings growth was driven by cost-cutting measures and strong performance in certain segments. Analysts are optimistic about the company’s ability to navigate challenges in the current economic environment.



Read more at Nasdaq.: Stanley Black & Decker, Inc. Q1 Profit Increases, Beats Estimates