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New Britain, Connecticut-based Stanley Black & Decker, Inc. (SWK) provides hand tools, power tools, outdoor products, related accessories, engineered fastening systems, and several other items and services. With a market cap of $12.3 billion, SWK employs over 50,000 people and its operations span the Americas, Europe, and Asia. The company is set to unveil its fourth-quarter earnings before the market opens on Wednesday, Feb. 5.
Ahead of the event, analysts expect SWK to report a non-GAAP profit of $1.26 per share, up nearly 37% from $0.92 per share reported in the year-ago quarter. Furthermore, the company has surpassed Wall Street’s bottom-line projections in each of the past four quarters. Its adjusted EPS for the last reported quarter surged 16.2% year-over-year to $1.22, exceeding analysts’ estimates by 18.5%.