Snap-On: Q3 Earnings Snapshot


Snap-On: Q3 Earnings Snapshot

KENOSHA, Wis. (AP) -- KENOSHA, Wis. (AP) -- Snap-On Inc. (SNA) on Thursday reported third-quarter earnings of $251.1 million.

The Kenosha, Wisconsin-based company said it had net income of $4.70 per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.58 per share.

The tool and diagnostic equipment maker posted revenue of $1.15 billion in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $1.16 billion.

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