Financials Earnings Whispers: Kansas City Southern (KSU) & Stanley Black & Decker, Inc. (SWK)

Earnings Whispers: Kansas City Southern (KSU) & Stanley Black & Decker, Inc. (SWK)

Published By News Desk at April 20, 2017 12:07 pm Smart Stock News outlines March quarter forecasts for Kansas City Southern and Stanley Black & Decker ahead of their Friday’s announcements

Kansas City Southern and Stanley Black & Decker have arranged their earnings calls before the opening bell on Friday, April 21. Both companies are expected to report results for their respective first quarter of the fiscal year 2017 (1QFY17). Despite mixed results in the past, analysts anticipate both companies to exceed their expectations on the bottom line. We further analyze their recent quarter predictions and past performances below.

Kansas City Southern

For the quarter ended March 31, Kansas City Southern (NYSE:KSU) has acquired consensus earnings per share (EPS) estimate of $1.17. In contrast, Earningswhispers.com expects the Missouri-based company to excel Street expectations on the bottom line, with its EPS forecast of $1.18. The company announced $1.12 in EPS for previous quarter whereas its per-share earnings for the same period of last year clocked in at $1.03.

Kansas City Southern delivered $562.7 million revenues for 1QFY16. For the March quarter, Street analysts expect slightly higher revenues of $603.74 million for the $9.45 billion business, up from previous quarter’s revenue of $598.5 million. In contrast, Estimize.com predicts sales to fall short of Wall Street expectations and come in at $600.62 million this season.

Stanley Black & Decker

Black & Decker, Inc. (NYSE:SWK) reported $1.71 EPS in its last earnings call. This season, the Connecticut-based company has consensus EPS estimate of $1.19, down about 10% sequentially. Nonetheless, the analyst at Earningswhispers.com predicts per-share earnings to come slightly higher at $1.22 this quarter.

Stanley Black & Decker announced $2.7 billion and $2.9 billion revenues for 1QFY16 and 4QFY16, respectively. In this regard, Wall Street analysts forecast recent quarter revenues to clock in at $2.75 billion. Interestingly, this is only slightly lower than Estimize.com’s prediction of $2.74 billion.