(RTTNews) - While reporting third-quarter results on Thursday, Stanley Black & Decker (SWK) updated its 2021 earnings per share guidance, on an adjusted basis, to $10.90 - $11.10 from $11.35 - $11.65. "We are prioritizing meeting demand in a universally difficult supply chain environment and are actively addressing the inflationary trends impacting the business with new targeted pricing actions and increased productivity measures," said James Loree, CEO. On average, 16 analysts polled by Thomson Reuters expected the company to report profit per share of $2.47, for the quarter.