Snap-on IncorporatedNYSE: SNA

Once Snap-On stock reaches its highest point in 52 weeks, we evaluate if this price is a good chance to buy more shares, keep our current investments, or take profits.

Are you looking for ways to choose powerful stocks that can outperform the market for your investment portfolio? The Zacks Style Scores can help you with that.

Snap-on Tools has shown consistent sales growth, which has led to positive expectations in the market about the company's potential recovery.

SNA has reported a decrease in sales for the third quarter of 2024, with most of its segments experiencing a drop in sales.

Snap-on Incorporated (NYSE:SNA) will hold its Q3 2024 Earnings Conference Call on October 17, 2024, at 10:00 AM ET. The call will feature company representatives, including Sara Verbsky (VP of Investor Relations), Nick Pinchuk (CEO), and Aldo Pagliari (CFO). Participants from various research firms will also be joining the call, but all attendees will be in listen-only mode.

Snap-On (SNA) reported quarterly earnings of $4.70 per share, which is higher than the Zacks Consensus Estimate of $4.58 per share. This is an increase compared to earnings of $4.51 per share from the same period last year.

KENOSHA, Wis.--(BUSINESS WIRE)--Snap-on has released its operating results for the third quarter of 2024, reporting a diluted earnings per share (EPS) of $4.70 and an operating margin of 22.0% before financial services.

SNA's performance in the upcoming quarter is expected to improve due to strategic actions like expanding the franchise network, managing costs effectively, and boosting brand recognition.

SNA improves its performance through strategic actions like expanding its franchise network, managing costs effectively, and boosting brand recognition.