Snap-on rises after Q3 revenue, earnings beat

Snap-On

19/10/2023 15:45

** Shares of industrial machinery and equipment manufacturer
Snap-on  SNA.N  rise 1.49% to $254.09 
    ** Company reports Q3 revenue of $1.15 bln, vs analysts'
expectations of $1.13 bln - LSEG data
    ** Q3 EPS of $4.51 beats analysts' estimate of $4.44
    ** "We're encouraged by our third quarter as it reflects
ongoing advancement in sales, profitability and earnings in a
continually changing environment" - SNA
    ** YTD, shares up 11.30%

 (Reporting by Abhinav Parmar in Bengaluru)
 ((Abhinav.Parmar@thomsonreuters.com))