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Snap-On: Q3 Earnings Snapshot

Snap-On: Q3 Earnings Snapshot

KENOSHA, Wis. (AP) — KENOSHA, Wis. (AP) — Snap-On Inc. (SNA) on Thursday reported third-quarter earnings of $243.1 million.

On a per-share basis, the Kenosha, Wisconsin-based company said it had net income of $4.51.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.39 per share.

The tool and diagnostic equipment maker posted revenue of $1.16 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $1.14 billion.