Snap-On (SNA) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS
Snap-On (NYSE:SNA) issued its quarterly earnings data on Thursday. The company reported $1.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.56 by $0.04, American Banking and Market News reports. The company had revenue of $797.50 million for the quarter, compared to the consensus estimate of $779.57 million.
A number of research firms have recently commented on SNA. Analysts at Zacks reiterated a “neutral” rating on shares of Snap-On in a research note to investors on Monday, January 27th. They now have a $105.00 price target on the stock.
Snap-On (NYSE:SNA) opened at 97.56 on Thursday. Snap-On has a 52 week low of $76.60 and a 52 week high of $109.74. The stock has a 50-day moving average of $105.2 and a 200-day moving average of $101.3. The company has a market cap of $5.673 billion and a price-to-earnings ratio of 17.03.
Snap-on Incorporated (NYSE:SNA) is a manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users.
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