BUZZ-Snap-On hits three month high after Q2 revenue beats estimates

Reuters

07/17

BUZZ-Snap-On hits three month high after <a href="https://laohu8.com/S/QTWO">Q2</a> revenue beats estimates

** Shares of tool maker Snap-On SNA.N rise 7% to $335 in early trade, hitting a three month high

** SNA beats estimates for the second-quarter revenue as steady demand from auto part retailers and repair shops boosted the tool-making segments

** Co posts Q2 revenue of $1.18 bln, slightly above analysts' average estimates of $1.16 bln, according to data compiled by LSEG

** The Kenosha, Wisconsin-based co posts Q2 adj net income of $250.3 mln compared with estimates of $249.1 mln

** Including session moves, shares are down 1.5% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))

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