Snap-on Q2 2024 Adj EPS $4.91 Misses $4.94 Estimate
Portfolio Pulse from Benzinga Newsdesk
Snap-on (NYSE:SNA) reported Q2 2024 adjusted earnings per share (EPS) of $4.91, missing the analyst consensus estimate of $4.94 by 0.61%.
July 18, 2024 | 10:37 am
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Snap-on reported Q2 2024 adjusted EPS of $4.91, which missed the analyst consensus estimate of $4.94 by 0.61%. This slight miss could lead to a minor negative impact on the stock price in the short term.
The slight miss in EPS compared to analyst expectations could lead to a minor negative reaction in the stock price as investors may adjust their expectations. However, the miss is relatively small, so the impact is likely to be limited.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100