<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>
Stanley Black & Decker Inc. SWK, +1.54% said Friday it is adjusting earnings per share from its recently announced third-quarter earnings and its full-year guidance after receiving a comment letter from the Securities and Exchange Commission regarding its accounting. “The change will include shares underlying the forward stock purchase contracts in the denominator of its diluted earnings per share calculation utilizing the if-converted method, which represents a correction of an error of the previously applied treasury stock method,” the company said in a regulatory filing.
...read full article on Market Watch
