Stanley Black & Decker, Inc. (SWK) is expected to report adjusted net income of $300.9 million, or $2.03 a share, on sales of $3.7 billion before the market opens on Thursday, based on a FactSet survey of 17 analysts.
In the same period a year ago, the company posted earnings of $2.08 a share on sales of $3.5 billion. It reported net income of $293.6 million.
The stock has fallen 0.2% since the company last reported earnings on July 23.
Quarterly estimates have fallen 1.5 cents a share in the past month.
In the upcoming quarter, analysts are forecasting adjusted net income of $366.3 million, or $2.45 a share, on sales of $3.8 billion.
Stanley Black & Decker is currently trading at a price-to-forward-earnings ratio of 16.8 based on the 12-month estimates of 19 analysts surveyed by FactSet.
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