Investing.com - Snap-On reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Snap-On announced earnings per share of $2.6 on revenue of $1.02B. Analysts polled by Investing.com anticipated EPS of $3.03 on revenue of $943.93M.
Snap-On shares are up 35% from the beginning of the year and are trading at $236.99 , down-from-52-week-high.They are outperforming the S&P 500 which is up 11.11% from the start of the year.
Snap-On follows other major Consumer Cyclical sector earnings this month
Snap-On's report follows an earnings beat by Whirlpool on Wednesday, who reported EPS of $7.2 on revenue of $5.36B, compared to forecasts EPS of $5.04 on revenue of $4.79B.
Levi Strauss A had beat expectations on Thursday, April 8, 2021 with first quarter EPS of $0.34 on revenue of $1.31B, compared to forecast for EPS of $0.2402 on revenue of $1.25B.
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