NEW BRITAIN, Conn. (AP) _ Stanley Black & Decker Inc. (SWK) on Thursday reported first-quarter profit of $175.3 million.

On a per-share basis, the New Britain, Connecticut-based company said it had profit of $1.06. Earnings, adjusted for one-time gains and costs, came to $2.10 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.68 per share.

The tool company posted revenue of $4.45 billion in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $4.59 billion.

Stanley Black & Decker expects full-year earnings in the range of $9.50 to $10.50 per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SWK at https://www.zacks.com/ap/SWK

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