Snap-on (SNA)
NYSE:SNA
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Earnings Data
Report Date
Jul 16, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
4.99Last Year’s EPS
4.72Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive performance: record first-quarter sales, organic growth, EPS improvement, strong C&I revenue expansion and notable margin and operating income gains in the Tools Group. Management emphasized successful product launches, strategic investments in AI and proprietary data, and a strong balance sheet with active capital return. Offsetting these positives were persistent macro pressures — unfavorable FX, tariffs and higher material costs — which compressed margins in parts of the business, along with softer diagnostics/OEM activity and modest weakness in Financial Services. Overall, highlights outweigh the lowlights, but management remains cautious about ongoing uncertainty and technician reticence.Company Guidance
Record First-Quarter Sales and Organic Growth
Consolidated sales of $1.2072 billion, up 5.8% as reported and up 3.4% organically — the highest first-quarter sales ever and the second-highest quarterly sales in company history.
Earnings Per Share and Net Income Increase
Net earnings of $247.0 million and diluted EPS of $4.69, up $0.18 from prior-year EPS of $4.51, reflecting broad gains across the business.
Improved Consolidated Operating Earnings
Consolidated operating earnings of $318.8 million versus $313.4 million a year ago; OpCo operating income (before Financial Services) rose to $250.8 million from $243.1 million.
Commercial & Industrial (C&I) Strong Growth
C&I sales of $381.6 million, up $37.1 million (10.8% as reported) and up 7.1% organically, with broad gains led by Industrial and strong double-digit growth in aviation; C&I operating income increased to $54.9 million.
Tools Group Margin and Profitability Improvement
Tools Group sales of $480.0 million (vs. $462.9M) with organic sales up 3.4%; gross margin improved 140 basis points to 47.7%; operating income rose to $105.0 million and operating margin expanded 160 basis points to 21.6%.
RS&I Highest-Ever First-Quarter Sales; Margin Resilience
RS&I recorded $485.3 million in sales — the highest-ever first-quarter sales for the group — with gross margin up 30 basis points to 46.0% despite currency and tariff headwinds.
New Product Launches and Innovation
Notable product introductions and technology investments included StreamLab (Mitchell 1), new cordless ratchets (CTR887/CTR881), nano power driver (CTNN22040), glow-plug socket (IPSTML12), compact socket set (119NTMLE), KRSC46 roll cart and the commemorative 84-inch EPIQ ‘Tribute to America’ box — supporting the pivot to shorter-payback, high-demand items.
Strategic Investments in Data/AI and Proprietary Databases
Continued investment in software, diagnostics and large language models to expand and accelerate proprietary datasets and search capabilities — intended to strengthen long-term competitive advantages.
Healthy Balance Sheet and Capital Actions
Quarter-end cash of $1.7533 billion, >$900 million available under credit facilities, $126.8 million in dividends, $99.9 million share repurchase (267k shares) with $234.1 million remaining buyback authorization; FY capex guide ~ $100 million.
Credit/Portfolio Metrics Stable or Improving
Gross finance receivables ~ $2.5 billion; U.S. 60+-day delinquency rate of 1.9% (down 10 bps YoY); trailing 12-month net losses of $72.9 million (3.75% of outstandings); average yields on finance and contract receivables stable.
SNA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SNA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2026 | $382.38 | $390.75 | +2.19% |
Feb 05, 2026 | $380.49 | $368.45 | -3.16% |
Oct 16, 2025 | $328.05 | $339.47 | +3.48% |
Jul 17, 2025 | $306.69 | $330.98 | +7.92% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Snap-on (SNA) report earnings?
Snap-on (SNA) is schdueled to report earning on Jul 16, 2026, Before Open (Confirmed).
What is Snap-on (SNA) earnings time?
Snap-on (SNA) earnings time is at Jul 16, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SNA EPS forecast?
SNA EPS forecast for the fiscal quarter 2026 (Q2) is 4.99.