Snap-On Inc expected to post earnings of $4.66 a share - Earnings Preview

Snap-On

06/02/2024 14:47

* Snap-On Inc  SNA.N   SNA  is expected to show a rise in
quarterly revenue when it reports  results on February 8 for the
period ending December 31 2023
    * The Kenosha Wisconsin-based  company is expected to report
a
4.0% increase in revenue to $1.202 billion from $1.16 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data. (SAL is based on Total Net Sales)
    * ​LSEG's mean analyst estimate for Snap-On Inc is for
earnings of
$4.66 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
$276.00​, below​ its last closing price of $291.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  4.41        4.44       4.51      Beat    1.6
 Jun. 30 2023  4.66        4.58       4.89      Beat    6.8
 Mar. 31 2023  4.16        4.15       4.60      Beat    10.9​
 Dec. 31 2022  4.21        4.20       4.42      Beat    5.2
 ​​Sep.        3.91        3.86       4.14      Beat    7.2
 30 2022                                                
 Jun. 30 2022  3.98        3.95       4.27      Beat    8.1​
 Mar. 31 2022  3.68        3.66       4.00      Beat    9.2
 Dec. 31 2021  3.71        3.69       4.10      Beat    11.1
 This summary was machine generated February 6 at 14:47 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)