Seeking Clues to Snap-On (SNA) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics

Core Viewpoint - Analysts project Snap-On (SNA) will report quarterly earnings of $4.61 per share, a decline of 6.1% year over year, with revenues expected to reach $1.15 billion, down 2.2% from the same quarter last year [1] Earnings Estimates - There has been no revision in the consensus EPS estimate for the quarter over the last 30 days, indicating analysts' collective reconsideration of their initial forecasts [1][2] - Changes in earnings estimates are crucial for predicting investor reactions to the stock [2] Key Metrics Projections - Analysts estimate 'Net Sales- Repair Systems & Information Group' will reach $469.57 million, reflecting a year-over-year increase of 3.3% [4] - 'Net Sales- Snap-on Tools Group' is expected to be $467.58 million, indicating a decline of 3% year over year [4] - 'Net Sales- Commercial & Industrial Group' is projected at $359.03 million, down 3.5% year over year [4] Operating Earnings Forecast - 'Operating earnings / (losses)- Financial services' is expected to be $68.73 million, compared to $70.20 million from the previous year [5] - 'Operating earnings / (losses)- Commercial & Industrial Group' is forecasted at $57.86 million, down from $62.20 million year over year [5] - 'Operating earnings / (losses)- Snap-on Tools Group' is projected at $107.02 million, compared to $114.80 million in the same quarter last year [6] - 'Operating earnings / (losses)- Repair Systems & Information Group' is expected to be $112.74 million, slightly down from $113.60 million year over year [6] Stock Performance - Over the past month, Snap-On shares have returned +2.4%, while the Zacks S&P 500 composite has changed +4% [7] - Snap-On currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [7]