Snap-On beats Q4 profit estimates on higher demand for automotive tools [Yahoo! Finance]
Snap-On Incorporated (SNA)
Last snap-on incorporated earnings: 4/21 06:30 am
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US:NYSE Investor Relations:
snapon.com/en/investors/investor-events
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Source: Yahoo! Finance
The Kenosha-Wisconsin based company manufactures and markets tools and equipment to industries such as aerospace, transportation, construction, military, natural resources, power generation and technical education. "In the fourth quarter, our businesses serving critical industries demonstrated continuing positive momentum," CEO Nicholas Pinchuk said. Snap-On is seeing sustained demand from the automotive after-market, which caters to parts used in the repair or enhancement of vehicles. On an adjusted basis, Snap-On reported a profit of $4.75 per share, beating analysts' average expectation of $4.66, according to LSEG data. Fourth-quarter net sales for the company rose 3.5% to $1.20 billion, from $1.16 billion a year earlier. The tool-maker has also been dealing with inflationary pressures through 2023 by cutting costs, raising prices and curbing discounts, and reported a full-year capital expenditure of $95 million. It raised the capital expenditure forecast for 2024 to b
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SNA
News
- Snap-on Incorporated Declares Quarterly DividendBusiness Wire
- Investing in Snap-On (SNA)? Don't Miss Assessing Its International Revenue Trends [Yahoo! Finance]Yahoo! Finance
- Are You a Growth Investor? This 1 Stock Could Be the Perfect Pick [Yahoo! Finance]Yahoo! Finance
- Snap-on Incorporated (NYSE:SNA) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Snap-on Incorporated (NYSE: SNA) had its price target lowered by analysts at Robert W. Baird from $295.00 to $282.00. They now have a "neutral" rating on the stock.MarketBeat
SNA
Earnings
- 4/18/24 - Beat
SNA
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 3
- 4/26/24 - Form 8-K
- SNA's page on the SEC website