Manufacturing company Stanley Black & Decker (NYSE: SWK) will be reporting earnings this Wednesday before market open. Here’s what to look for.

Stanley Black & Decker missed analysts’ revenue expectations last quarter, reporting revenues of $3.68 billion, flat year on year. It was a softer quarter for the company, with full-year EPS guidance missing analysts’ expectations and a significant miss of analysts’ revenue estimates.

Is Stanley Black & Decker a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Stanley Black & Decker’s revenue to be flat year on year, improving from the 3.2% decrease it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Stanley Black & Decker has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at Stanley Black & Decker’s peers in the industrial machinery segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Snap-on delivered year-on-year revenue growth of 5.2%, beating analysts’ expectations by 2.4%, and Hillman reported revenues up 3%, falling short of estimates by 0.7%. Snap-on traded down 1% following the results.

Read our full analysis of Snap-on’s results here and Hillman’s results here.

There has been positive sentiment among investors in the industrial machinery segment, with share prices up 15.1% on average over the last month. Stanley Black & Decker is up 18.7% during the same time and is heading into earnings with an average analyst price target of $89.23 (compared to the current share price of $80.00).

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