Company Performance - Snap-On reported quarterly earnings of 4.51pershare,missingtheZacksConsensusEstimateof4.81 per share, and down from 4.75pershareayearago,representinganearningssurpriseof−6.241.14 billion for the quarter, missing the Zacks Consensus Estimate by 4.59%, and down from 1.18billionyear−over−year[2]−Overthelastfourquarters,Snap−OnhassurpassedconsensusEPSestimatestwotimesandtoppedconsensusrevenueestimatesjustonce[2]StockOutlook−Snap−Onshareshavelostabout2.25.08 on revenues of 1.22billion,andforthecurrentfiscalyear,itis19.79 on revenues of $4.85 billion [7] Industry Context - The Tools - Handheld industry, to which Snap-On belongs, is currently in the top 36% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Snap-On's stock performance [5]