(Boursier.com) — Stanley Black & Decker, the king of tools and industrial products, announced for the quarter ended a net profit of 328 million dollars or 1.99$ per title, against 467 million dollars a year earlier. Adjusted earnings per share were $2.14, versus the FactSet consensus of $2.04. Revenues rose to $4.07 billion from $4 billion a year earlier and $4.4 billion consensus. Management indicates that it is not satisfied with its quarterly volumes, nor with its cash flow performance. For 2022, the group anticipates adjusted EPS ranging from $12 to $12.5, for free cash flow of around $2 billion.
©2022 Boursier.com