Average Vehicle Age Hits 12.8 Years, Snap-On Sees Tool Demand - Snap-on (NYSE:SNA)

Average Vehicle Age Hits 12.8 years, Snap-On Sees Tool Demand - Snap-on (NYSE:SNA)

Snap-on Q1 results show revenue beat, earnings miss, strong sales growth, and stock rising after release amid mixed performance.

Snap-On (NYSE:SNA) Issues Earnings Results

Snap-On (NYSE:SNA - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $4.69 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.77 by ($0.08). The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. Snap-On had a net margin of 21.44% and a return on equity of 17.34%. The firm's quarterly revenue was up 5.8% compared to…

Snap-On: Q1 Earnings Snapshot

KENOSHA, Wis. (AP) — KENOSHA, Wis. (AP) — Snap-On Inc. (SNA) on Thursday reported first-quarter net income of $247 million.

Snap-on sales up 5.8% in first quarter topping $1.2 billion

Kenosha-based tool manufacturer Snap-on on Thursday reported an increase in sales and earnings per share in its first quarter compared to last year. The company saw $1.2 billion in net sales in the first quarter, up 5.8% from the same period last year. The rise consists of a $39.2 million organic gain and $26.9 million […]