Snap-on (SNA) Q1 Earnings Surpass Estimates, Sales Miss

Snap-on Inc. (SNA) has reported mixed first-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimate while sales missed the same. Further, earnings advanced year over year while sales declined. Results have benefited from the continued positive business momentum and contributions from the company’s Value Creation plan.Snap-on’s earnings of $4.91 per share in first-quarter 2024surpassed the Zacks Consensus Estimate of$4.66. The figure also improved 6.7% from earnings of $4.60 per share in th ...