KENOSHA, Wis. (AP) — KENOSHA, Wis. (AP) — Snap-On Inc. (SNA) on Thursday reported third-quarter net income of $265.4 million.
The Kenosha, Wisconsin-based company said it had profit of $5.02 per share. Earnings, adjusted for non-recurring gains, came to $4.71 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.59 per share.
The tool and diagnostic equipment maker posted revenue of $1.19 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $1.15 billion.
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