SNA Earnings Prediction
The chart below shows how SNA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SNA sees a -0.32% change in stock price 10 days leading up to the earnings, and a +1.81% change 10 days following the report. On the earnings day itself, the stock moves by -1.41%. This data can give you a slight idea of what to expect for the next quarter's release.
SNA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
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Gross Margin
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Operating Margin
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Net Margin
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EPS
0.00
1.26%
-100.00%
No Data Available
SNA Earnings Analysis
Snap-On Inc Corporation (SNA.N) Earnings Conference Call
Positive
Q4 Sales Performance: Overall sales in Q4 were $1,198.7 million, up 0.2% both as reported and organically, marking a return to positive territory.
Gross Margin Improvement: Gross margin improved to 49.7%, a gain of 140 basis points, reflecting increased sales and higher margin businesses.
C&I Segment Earnings Growth: Operating earnings for the C&I segment reached $63.5 million, up $9.4 million or 17.4% from 2023, with an operating margin of 16.7%, up 180 basis points.
Operating Earnings Surge: RS&I operating earnings increased to $121.4 million, up $8.1 million or 7.1%, with an operating margin of 26.6%, up 150 basis points from last year, marking a record high.
Strong Cash Flow Generation: Net cash provided by operating activities was $293.5 million, representing 111% of net earnings, indicating strong cash flow generation.
Negative
Earnings Decline in Financial Services: Financial services earnings decreased by $1.2 million to $66.7 million compared to $67.9 million in the previous year, indicating a decline in profitability in this segment.
Rising Operating Expenses Impact Profitability: Operating expenses as a percentage of net sales rose 90 basis points to 27.6% from 26.7% in 2023, reflecting increased corporate and other operating costs that negatively impacted overall profitability.
Sales Decline in Tools: Sales in the Snap-on Tools Group declined by 1.4% to $506.6 million compared to $513.3 million a year ago, indicating a decrease in demand within this segment.
Tools Group Operating Earnings Decline: Operating earnings for the Tools Group fell by $4.1 million to $106.9 million, with the operating margin decreasing to 21.1% from 21.6% in the previous year, highlighting challenges in maintaining profitability.
Loan Originations Decline: Total loan originations decreased by $18 million or 5.9% from 2023 levels, primarily due to lower sales of big-ticket, longer payback items, reflecting a shift in customer purchasing behavior.
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SNA Earning Call Sentiment
Snap-on Incorporated (NYSE:SNA) Q4 2024 Earnings Call Transcript
SNA.N
-0.77%Positive
The earnings call revealed mixed signals: while there were positive elements such as increased sales, gross margin improvement, and shareholder returns, concerns arose over declining tool group sales, increased credit losses, and economic pressures. The Q&A highlighted management's uncertainty on certain issues and lack of clear guidance, which could be seen negatively by investors. Given these factors, the stock price is likely to remain stable, resulting in a neutral sentiment.
