Stanley Black & Decker posts Q3 revenue in line with estimates, cuts forecast
Stanley Black & Decker reported Q3 revenue of $3.756 billion, meeting analyst expectations, with adjusted EPS of $1.43 surpassing consensus. The company experienced gross margin expansion due to effective pricing strategies and supply chain efficiencies. However, it revised its 2025 GAAP EPS forecast to $2.55-$2.70 and adjusted EPS to approximately $4.55. The stock holds a median 12-month price target of $86.00, reflecting a 22.8% upside from its recent closing price of $66.36. Analyst ratings are mixed, with a consensus of 'hold.'
)
Overview
- Stanley Black & Decker Q3 revenue of $3.756 bln, in line with analyst expectations
- Adjusted EPS for Q3 beats consensus, aided by tax rate benefit
- Company reports gross margin expansion due to pricing strategies and supply chain efficiencies
Outlook
- Stanley Black & Decker revises 2025 GAAP EPS to $2.55-$2.70 ti reflect impairment charge
- Company expects 2025 adjusted EPS of approximately $4.55 vs $4.65 earlier
- Stanley Black & Decker maintains 2025 free cash flow target at $600 mln
Result Drivers
- DEWALT GROWTH - Continued growth in DEWALT brand supported Q3 results
- GROSS MARGIN EXPANSION - Pricing strategies and supply chain efficiencies drove gross margin improvement
- COST REDUCTION PROGRAM - Global cost reduction program on track, contributing to margin enhancement
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Beat $3.756 $3.76
Revenue bln bln (11
Analysts
)
Q3 Beat $1.43 $1.18
Adjusted (13
EPS Analysts
)
Q3 EPS $0.34
Q3 31.60%
Adjusted
Gross
Margin
Analyst Coverage
- The current average analyst rating on the shares is “hold” and the breakdown of recommendations is 6 “strong buy” or “buy”, 13 “hold” and 1 “sell” or “strong sell”
- The average consensus recommendation for the industrial machinery & equipment peer group is “buy.”
- Wall Street’s median 12-month price target for Stanley Black & Decker Inc is $86.00, about 22.8% above its November 3 closing price of $66.36
- The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release: For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
