Stanley black & decker reports q2 gaap eps of $1.52

Stanley black & decker reports 2q 2020 results.q2 revenue $3.1 billion versus refinitiv ibes estimate of $3.11 billion.q2 gaap earnings per share $1.52.q2 earnings per share estimate $1.23 -- refinitiv ibes data.guidance continues to be suspended.excluding charges, 2q'20 diluted eps was $1.60.qtrly tools & storage net sales declined 16%.stanley black & decker - proceeding with $1 billion cost reduction program, announced on april 2, and continue to expect $500 million in cost savings in 2020.during q2 $175 million of savings were realized.
SWK Ratings Summary
SWK Quant Ranking