Snap-on Announces First Quarter 2016 Results
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Snap-On (SNA) Tops Q1 EPS by 7c, Sales Miss
April 21, 2016 6:31 AM EDTSnap-On (NYSE: SNA) reported Q1 EPS of $2.16, $0.07 better than the analyst estimate of $2.09. Revenue for the quarter came in at $834.2 million versus the consensus estimate of $852.8 million.
Our first quarter results, including a 15.5% increase in diluted earnings per share, represent an encouraging start to 2016, said Nick Pinchuk, Snap-on chairman and chief executive officer. We believe these results demonstrate not only the fundamental... More
