Stanley Black & Decker Inc

Stanley Black & Decker Inc (SWK) - Stanley Black & Decker Reports 4q and Full Year 2022 Results.
Q4 Diluted GAAP Loss per Share of $0.72.
Q4 Earnings per Share View $-0.31, Revenue View $3.88 Billion -- Refinitiv Ibes Data (analyst estimates).
Expect Impact of Targeted Production Curtailments Will Continue to Weigh on Margins Through First Half of 2023.
Expects 2023 EPS to Be in Range of $0.00 to $2.00 on an Adjusted Basis.
2023 Free Cash Flow is Expected to Approximate $0.5 Billion to $1.0 Billion.
FY2023 Earnings per Share View $4.20 -- Refinitiv Ibes Data (analyst estimates).
Excluding Charges, Q4 Adjusted Diluted Loss per Share of $0.10.
Q4 Inventory Reduction of $500 Million Supported Over $500 Million of Free Cash Flow Generation in Period.
Global Cost Reduction Program on Track, and Delivered $200 Million in Pre-tax Savings in Second Half of 2022.