Snap-On Inc. Q3 Income Climbs 13%

(RTTNews) - Snap-On Inc. (SNA) released a profit for its third quarter that advanced from last year.

The company said its bottom line totaled $131.7 million, or $2.22 per share. This was higher than $116.8 million, or $1.98 per share, in last year's third quarter.

Analysts had expected the company to earn $2.15 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.5% to $834.1 million. This was up from $821.5 million last year.

Snap-On Inc. earnings at a glance:

-Earnings (Q3): $131.7 Mln. vs. $116.8 Mln. last year. -Earnings Growth (Y-o-Y): 12.8% -EPS (Q3): $2.22 vs. $1.98 last year. -EPS Growth (Y-o-Y): 12.1% -Analysts Estimate: $2.15 -Revenue (Q3): $834.1 Mln vs. $821.5 Mln last year. -Revenue Change (Y-o-Y): 1.5%