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Snap-On: Q1 Earnings Snapshot

April 21, 2022 GMT

KENOSHA, Wis. (AP) _ Snap-On Inc. (SNA) on Thursday reported first-quarter earnings of $217.4 million.

The Kenosha, Wisconsin-based company said it had net income of $4 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.68 per share.

The tool and diagnostic equipment maker posted revenue of $1.1 billion in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $1.05 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SNA at https://www.zacks.com/ap/SNA