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Actionable news in SWK: STANLEY BLACK & DECKER Inc,

Stanley Black & Decker (SWK) Stock Surges on Q2 Earnings, Revenue Beat

NEW YORK (TheStreet) -- Shares of Stanley Black & Decker (SWK) are up 4.52% to $120.14 in mid-morning trading after announcing better than expected fiscal 2016 second quarter results.

The company reported adjusted earnings of $1.84 per share, topping analysts' estimates of $1.72 per share for the period.

Stanley Black & Decker reported revenue of $2.93 billion for the period, which exceeded Wall Street's expectations of $2.91 billion.

Additionally, the company raised its 2016 full-year earnings per share forecast to the $6.30 to $6.50 range from the $6.20 to $6.40 range as a result of volume growth and expanding profit margins.

Separately, the company...


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