Recap: Snap-on Q1 Earnings

Snap-on (NYSE:SNA) reported its Q1 earnings results on Thursday, April 20, 2023 at 06:30 AM. Here’s what investors…

Snap-on (NYSE:SNA) reported its Q1 earnings results on Thursday, April 20, 2023 at 06:30 AM.

Here’s what investors need to know about the announcement.

Earnings

Snap-on beat estimated earnings by 10.84%, reporting an EPS of $4.6 versus an estimate of $4.15.

Revenue was up $85.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.22 which was followed by a 0.66% increase in the share price the next day.

Here’s a look at Snap-on’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 4.20 3.85 3.94 3.66
EPS Actual 4.42 4.14 4.27 4
Revenue Estimate 1.15B 1.07B 1.10B 1.05B
Revenue Actual 1.16B 1.10B 1.14B 1.10B

To track all earnings releases for Snap-on visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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