Stanley Black and Decker, Inc. Second Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Stanley Black & Decker, Inc. (NYSE:SWK) will unveil its latest earnings on Monday, July 18, 2011. Stanley Black & Decker, Inc. supplies tools and engineered solutions for professional, industrial, construction, and do-it-yourself use, as well as security solutions for industrial and commercial applications.

Stanley Black & Decker, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $1.27 per share, a rise of 2.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.37. Between one and three months ago, the average estimate moved down, but it has been unchanged at $1.27 during the last month. For the year, analysts are projecting net income of $5.16 per share, a rise of 25.2% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 8 cents, reporting profit of $1.08 per share against a mean estimate of net income of $1 per share.

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Wall St. Revenue Expectations: On average, analysts predict $2.62 billion in revenue this quarter, a rise of 10.5% from the year ago quarter. Analysts are forecasting total revenue of $10.14 billion for the year, a rise of 20.6% from last year’s revenue of $8.41 billion.

Analyst Ratings: Analysts are bullish on this stock with five analysts rating it as a buy, one rating it as a sell and three rating it as a hold.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of more than twofold, with the biggest boost coming in the second quarter of the last fiscal year when revenue rose more than twofold from the year earlier quarter.

Companies to Watch: P & F Industries, Inc. (NASDAQ:PFIN), Snap-on Incorporated (NYSE:SNA), Home Depot (NYSE:HD) and Lowe’s (NYSE:LOW).

Stock Price Performance: During April 15, 2011 to July 13, 2011, the stock price had fallen $5.51 (-7.2%) from $76.61 to $71.10. The stock price saw one of its best stretches over the last year between April 26, 2011, and May 3, 2011, when shares rose for six-straight days, rising 7.9% (+$5.64) over that span. It saw one of its worst periods between June 24, 2011, and July 7, 2011, when shares fell for nine-straight days, falling 8% (-$6.05) over that span. Shares are up $4.96 (+7.5%) year to date.

(Source: Xignite Financials)

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