Snap-on Q1 Revenue Rises 5.2% to $1.31 Billion, Beating Estimates

Earnings
โดย StockStory·Read original
Summary · why it matters

Snap-on reported first-quarter revenues of $1.31 billion, up 5.2% year on year and exceeding analysts' expectations by 2.4%. The professional tools and equipment industry overall posted a strong quarter, with the 10 tracked companies beating consensus revenue estimates by 1.9% on average and guiding next quarter's revenue 1% above expectations. Among peers, Kennametal delivered the fastest revenue growth at 21.8% to $592.6 million, while Hillman was the weakest performer with a 3% increase to $370.1 million that missed estimates by 0.7%. Snap-on shares were flat after the report, trading at $381.28.

Impact on stocks 5

Industrials± Mixed · 4 stocks
Snap-On Inc
SNA
▲ PositiveCapitalrelevance

Snap-on reported Q1 revenue of $1.31B, up 5.2% YoY, beating estimates by 2.4%.

Hillman Solutions Corp
HLMN
▼ NegativeCapitalDemandrelevance

Hillman was the weakest peer with 3% revenue growth missing estimates by 0.7%.

Fusion Energy▲ · 1 stocks
Kennametal Inc
KMT
▲ PositiveCapitalDemandrelevance

Kennametal delivered the fastest revenue growth at 21.8% to $592.6M.

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