Snap-On Q4 EPS beats estimates

Snap-On

05/02/2026 11:42

Overview

Tool maker's Q4 revenue rose 2.8%, meeting analyst expectations

Company noted improved customer activity in critical industries

Outlook

Snap-on expects 2026 capital expenditures to approximate $100 mln

Company anticipates 2026 effective income tax rate between 22% and 23%

Snap-on plans to expand customer base in automotive repair and adjacent markets

Result Drivers

CRITICAL INDUSTRIES - Sales gains in critical industries and higher activity in power tools and specialty torque operations drove growth in the Commercial & Industrial Group

TOOLS GROUP - Snap-On Tools Group saw a decline in U.S. sales, partially offset by higher international sales

FINANCIAL SERVICES - Increased financial services revenue and operating earnings contributed to overall performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Meet
$1.23 bln
$1.23 bln (8 Analysts)
Q4 EPS
Beat
$4.94
$4.92 (8 Analysts)
Q4 Net Income
$267 mln
Q4 Pretax Profit
Slight Miss*
$341.90 mln
$343.80 mln (5 Analysts)
Q4 Adjusted Operating Earnings
$265.20 mln
Q4 Gross Profit
$605.50 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

Wall Street's median 12-month price target for Snap-On Inc is $367.50, about 4% below its February 4 closing price of $382.91

The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nBw3D0BTDa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)