-=Stanley Black & Decker (SWK) reported earnings on Fri 20 July 2018 (b/o)

Stanley Black & Decker beats by $0.55, beats on revs; reaffirms FY18 EPS guidance 

• Reports Q2 (Jun) earnings of $2.57 per share, $0.55 better than the Capital IQ Consensus of $2.02; revenues rose 10.9% year/year to $3.64 bln vs the $3.48 bln Capital IQ Consensus.
  • Excluding charges, 2Q'18 Diluted EPS was $2.57, as price, lower expenses and volume leverage more than offset the dilutive earnings impact of commodity inflation and currency
• Co reaffirms guidance for FY18, sees EPS of $8.30-8.50 vs. $8.38 Capital IQ Consensus Estimate.