Snap-on Announces Second Quarter 2021 Results

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Snap-On (SNA) Tops Q2 EPS by 55c

July 22, 2021 6:34 AM EDT

Snap-On (NYSE: SNA) reported Q2 EPS of $3.76, $0.55 better than the analyst estimate of $3.21. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $974.21 million.

Were encouraged by our second quarter as Snap-on continued its upward trajectory, reaching significant heights in sales and operating earnings, and by our meaningful gains since the nadir of our pandemic-impacted activity during this period last year, said Nick Pinchuk, Snap-on chairman and chief executive officer. Our performance demonstrates the varied and abundant opportunities along our runways for growth and our ability to improve our operations... More