Snap-On Inc. Reports 17% Advance In Q2 Bottom Line

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

The company said its bottom line totaled $140.1 million, or $2.36 per share. This was up from $120.0 million, or $2.03 per share, in last year's second quarter.

Analysts had expected the company to earn $2.23 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.4% to $872.3 million. This was up from $851.8 million last year.

Snap-On Inc. earnings at a glance:

-Earnings (Q2): $140.1 Mln. vs. $120.0 Mln. last year. -Earnings Growth (Y-o-Y): 16.8% -EPS (Q2): $2.36 vs. $2.03 last year. -EPS Growth (Y-o-Y): 16.3% -Analysts Estimate: $2.23 -Revenue (Q2): $872.3 Mln vs. $851.8 Mln last year. -Revenue Change (Y-o-Y): 2.4%