Snap-On Inc expected to post earnings of $4.56 a share - Earnings Preview

Snap-On

18/07/2023 13:33

* Snap-On Inc  SNA.N   SNA  is expected to show a rise in
quarterly revenue when it reports  results on July 20. 
    * The Kenosha Wisconsin-based  company is expected to report
 a
4.7% increase in revenue to $1.19 billion from $1.14 billion a
year ago, according to the mean estimate from 8 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Snap-On Inc is for
earnings of $4.56 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Snap-On Inc
is
$264.65​, below​ its last closing price of $294.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  4.16        4.15       4.60      Beat    10.9
 Dec. 31 2023  4.21        4.20       4.42      Beat    5.2
 Sep. 30 2022  3.91        3.86       4.14      Beat    7.2​
 Jun. 30 2022  3.98        3.95       4.27      Beat    8.1
 ​​Mar.        3.68        3.66       4.00      Beat    9.2
 31 2022                                                
 Dec. 31 2021  3.71        3.69       4.10      Beat    11.1​
 Sep. 30 2021  3.38        3.38       3.57      Beat    5.6
 Jun. 30 2021  3.24        3.22       3.76      Beat    16.7
 This summary was machine generated July 18 at 12:33 GMT.  All
figures in US dollars  unless otherwise stated