Snap-on (SNA) Set to Announce Quarterly Earnings on Thursday
Snap-on (NYSE:SNA) is scheduled to be releasing its earnings data before the market opens on Thursday, April 19th. Analysts expect Snap-on to post earnings of $2.66 per share for the quarter.
Snap-on (NYSE:SNA) last released its quarterly earnings data on Thursday, February 8th. The company reported $2.69 EPS for the quarter, topping the consensus estimate of $2.66 by $0.03. Snap-on had a return on equity of 20.54% and a net margin of 15.13%. The company had revenue of $974.60 million during the quarter, compared to the consensus estimate of $940.50 million. During the same period last year, the company earned $2.47 EPS. Snap-on’s revenue for the quarter was up 9.5% on a year-over-year basis. On average, analysts expect Snap-on to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.
NYSE SNA opened at $147.06 on Tuesday. Snap-on has a one year low of $140.83 and a one year high of $185.47. The stock has a market capitalization of $8,256.32, a P/E ratio of 14.53, a price-to-earnings-growth ratio of 1.23 and a beta of 1.16. The company has a quick ratio of 1.24, a current ratio of 1.78 and a debt-to-equity ratio of 0.25.
In other Snap-on news, SVP Thomas L. Kassouf sold 96,000 shares of the business’s stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $160.40, for a total transaction of $15,398,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director William Dudley Lehman sold 387 shares of the business’s stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $160.60, for a total value of $62,152.20. Following the sale, the director now owns 8,376 shares of the company’s stock, valued at $1,345,185.60. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 104,995 shares of company stock valued at $16,839,572. Corporate insiders own 4.00% of the company’s stock.
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Snap-on Company Profile
Snap-on Incorporated manufactures and markets tools, equipment, diagnostics, and repair information and systems solutions for professional users worldwide. The company operates through Commercial & Industrial Group, Snap-on Tools Group, Repair Systems & Information Group, and Financial Services segments.
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