Snap-on Announces First Quarter 2021 Results

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Snap-On (SNA) PT Raised to $260 at Oppenheimer Following Earnings

April 22, 2021 4:56 PM EDT

Oppenheimer analyst Christopher Glynn raised the price target on Snap-On (NYSE: SNA) to $260.00 (from $245.00) while maintaining an Outperform rating.

The analyst commented, "SNA delivered a solid revenue and earnings beat, led by SOT continuing double-digits organic growth for both US and international franchise... More

Snap-On (SNA) Tops Q1 EPS by 44c

April 22, 2021 6:31 AM EDT

Snap-On (NYSE: SNA) reported Q1 EPS of $3.50, $0.44 better than the analyst estimate of $3.06. Revenue for the quarter came in at $1.02 million versus the consensus estimate of $930.9 million.

Outlook:

COVID-19 continues to impact economic activity worldwide in 2021. Snap-on is accommodating to the related risks while safely pursuing opportunities in the COVID-19... More