Snap-On Q2 Earnings Report Reveals Misses in Non-GAAP EPS and Revenue
Thursday, 18 July 2024, 10:33
Snap-On Q2 Earnings Report Overview
The latest earnings report from Snap-On (NYSE: SNA) revealed concerning misses in both Non-GAAP EPS and revenue.
Key Points:
- Non-GAAP EPS of $4.91 missed estimates by $0.01.
- Revenue stood at $1.18B, falling short by $20M compared to expectations.
- Net sales reached $1,179.4 million, showing a -0.8% decline year-over-year.
The results highlight potential challenges in Snap-On's financial performance and may impact investor sentiment moving forward.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.