KENOSHA, Wis. (AP) — KENOSHA, Wis. (AP) — Snap-On Inc. (SNA) on Thursday reported second-quarter profit of $260.6 million.
The Kenosha, Wisconsin-based company said it had profit of $4.96 per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.90 per share.
The tool and diagnostic equipment maker posted revenue of $1.24 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $1.22 billion.
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