KENOSHA, Wis. (AP) 鈥� KENOSHA, Wis. (AP) 鈥� Snap-On Inc. (SNA) on Thursday reported first-quarter net income of $247 million.
On a per-share basis, the Kenosha, Wisconsin-based company said it had net income of $4.69.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.68 per share.
The tool and diagnostic equipment maker posted revenue of $1.21 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $1.18 billion.
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