Stanley Black & Decker Lifts Fiscal 2026 EPS Outlook After Q3 Non-GAAP EPS Beats Estimates

Stanley Black & Decker lifted its fiscal 2026 earnings outlook after third-quarter non-GAAP earnings per share beat estimates, even as revenue came in below forecasts.

Non-GAAP EPS was $2.31, topping estimates by $0.75. Revenue totaled $3.7 billion, down 0.6% from a year earlier and $30 million below estimates.

The company raised its fiscal 2026 adjusted EPS range to $5.95 to $6.25 from $5.20 to $5.80. The new range is above the $5.60 analyst consensus.

Stanley Black & Decker also raised its fiscal 2026 GAAP EPS outlook to $5.45 to $5.85, up from $4.60 to $5.45. Non-GAAP EPS is a per-share earnings measure calculated using a company’s non-GAAP methodology.