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Snap on Inc  (SNA)
 

Solid numbers by the amid the financial span closing Oct 01 2022

SNA recorded third quarter of 2022 operating profit of $289.9 million


Published Oct 21 2022
CSIMarket Team / CSIMarket.com


drill_milling_milling_machine_drilling_tool_metal_metalworking_industry-937445Revenue for the most recent fiscal period increased by 5.76 % to $1.19 billion in comparison to $1.13 billion in the prior year reporting period, income advanced by 15.97 % to $4.14, as comparison at $3.57 in the prior year reporting period.

Revenue decreased by -2.715 % from $1.22 billion in preceding period, EPS decreased by -3.04 % from $4.27 per share.


Net income of $229.500 million in the most recent fiscal period increased by 13.9 % from net earnings of $201.500 million reported in the most recent fiscal period a year ago. Snap On Inc also emphasized it's improving profit margins, where net margin rose to 19.29% in most recent fiscal period, and operating margin edged up to 24.37%.
Operating earnings, on the other hand, improved just 6.62% to $289.9 million.

Snap On Inc is expected to report next financial results on July 20, 2023.



Snap On Inc's Capital Expenditures Growth

Snap On Inc's Price to sales ratio PS



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