Core Viewpoint - Snap-On (SNA) is expected to report quarterly earnings of $4.80 per share, a 1.1% increase year-over-year, with revenues projected at $1.19 billion, reflecting a 0.7% decrease compared to the same period last year [1]. Earnings Estimates - The consensus EPS estimate has remained unchanged over the past 30 days, indicating analysts have not revised their projections during this period [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3]. Revenue Projections - Analysts project 'Net Sales- Commercial & Industrial Group' to reach $365.91 million, a 0.6% increase year-over-year [5]. - 'Net Sales- Repair Systems & Information Group' is estimated at $449.34 million, indicating a 0.3% decrease year-over-year [5]. - 'Net Sales- Snap-on Tools Group' is forecasted to be $510.98 million, reflecting a 0.5% decrease year-over-year [5]. Operating Earnings Estimates - 'Operating earnings / (losses)- Financial services' is expected to be $69.39 million, up from $67.90 million in the same quarter last year [6]. - 'Operating earnings / (losses)- Commercial & Industrial Group' is projected at $57.40 million, compared to $54.10 million in the same quarter last year [6]. - 'Operating earnings / (losses)- Snap-on Tools Group' is estimated at $113.10 million, slightly up from $111 million in the same quarter last year [7]. - 'Operating earnings / (losses)- Repair Systems & Information Group' is forecasted at $115.81 million, compared to $113.30 million in the same quarter last year [7]. Stock Performance - Over the past month, Snap-On shares have increased by 5.2%, outperforming the Zacks S&P 500 composite, which saw a 1% change [8]. - Snap-On holds a Zacks Rank 3 (Hold), suggesting its performance will likely align with the overall market in the near term [8].
Unlocking Q4 Potential of Snap-On (SNA): Exploring Wall Street Estimates for Key Metrics