Snap-on Q1 Net Earnings, Sales Decline

MT Newswires Live

04/17

Snap-on (SNA) reported Q1 net earnings Thursday of $4.51 per diluted share, down from $4.91 a year earlier.

Analysts polled by FactSet expected $4.83.

Net sales for the quarter ended March 29 were $1.14 billion, down from $1.18 billion a year earlier.

Analysts surveyed by FactSet expected $1.20 billion.

Shares of the company were down more than 5% in recent premarket activity.

Price: 313.01, Change: -18.99, Percent Change: -5.72

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