04.02.2016 12:33:18

Snap-On Inc. Profit Climbs 13% In Q4

(RTTNews) - Snap-On Inc. (SNA) revealed earnings for its fourth quarter that gained ground compared to the same period last year.

The company said its bottom line rose to $131.4 million, or $2.22 per share. This was up from $116.2 million, or $1.97 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.18 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.7% to $851.7 million. This was down from $857.4 million last year.

Snap-On Inc. earnings at a glance:

-Earnings (Q4): $131.4 Mln. vs. $116.2 Mln. last year. -Earnings Growth (Y-o-Y): 13.1% -EPS (Q4): $2.22 vs. $1.97 last year. -EPS Growth (Y-o-Y): 12.7% -Analysts Estimate: $2.18 -Revenue (Q4): $851.7 Mln vs. $857.4 Mln last year. -Revenue Change (Y-o-Y): -0.7%

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