Why Snap-on Stock Soared Today
Snap-on(SNA) The Motley Fool·2024-10-18 03:16
Snap-on Tools' sequential sales growth has the market optimistic that the company's growth could turn around. Shares of leading tools, equipment, diagnostics, and repair information systems manufacturer Snap-on (SNA 9.36%) were up 9% as of 2:15 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence, after the company released its financial results for the third quarter. While Snap-on's sales dip of 1% met analysts' expectations, its earnings-per-share (EPS) growth of 4% and EPS of $4 ...