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-3.82102327002824E-05 -0.000315234419777547 0.00141377860991175 0.000343892094302976 0.000191051163501629 0.000191051163501629 0.000191051163501629 0.000191051163501629
Stock impact report

Snap-on (SNA) Q1 Earnings Surpass Estimates, Sales Miss [Yahoo! Finance]

Snap-On Incorporated (SNA) 
Last snap-on incorporated earnings: 4/21 06:30 am Check Earnings Report
US:NYSE Investor Relations: snapon.com/en/investors/investor-events
Company Research Source: Yahoo! Finance
Further, earnings advanced year over year while sales declined. Results have benefited from the continued positive business momentum and contributions from the company's Value Creation plan. Snap-on's earnings of $4.91 per share in first-quarter 2024surpassed the Zacks Consensus Estimate of $4.66. The figure also improved 6.7% from earnings of $4.60 per share in the year-ago quarter. Net sales dipped 0.1% year over year to $1,182.3 million and missed the Zacks Consensus Estimate of $1,194 million. The decline can be attributed to an organic sales fall of 0.8%, partly offset by $6.7 million of acquisition-related sales and a $2.5 million positive impact of foreign currency translations. This current Zacks Rank #2 (Buy) company's shares have gained 13.8% in the past six months compared with the industry's 9.4% growth. Q1 Highlights The gross profit of $596.7 million improved 1.2% year over year while the gross margin expanded 70 basis points (bps) year over year to 50.5% in th Show less Read more
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