6:23 am Stanley Black & Decker beats by $0.12, beats on revs; reaffirms FY15 EPS guidance (SWK) : Reports Q1 (Mar) earnings of $1.07 per share, $0.12 better than the Capital IQ Consensus Estimate of $0.95; revenues rose 0.5% year/year to $2.63 bln vs the $2.6 bln consensus, positive volume (+7%) and price (+1%) were substantially offset by currency (-7%).
Co reaffirms guidance for FY15, sees EPS of $5.65-5.85 vs. $5.75 Capital IQ Consensus. Despite $60 to $70 million ($0.30 to $0.35 per share) in new, incremental foreign currency om pressure year over year currency-related eps headwinds included in full year guidance now total $1.00 to $1.10 (19% to 20% of prior year eps) 2015 free cash flow still expected to be at least $1.0 billion.
