RTTNews | Oct 22, 2020 06:43AM EDT

06:43 Thursday, October 22, 2020 (RTTNews.com) - Snap-On Inc. (SNA) announced earnings for its third quarter that increased from last year.

The company's earnings came in at $179.7 million, or $3.28 per share. This compares with $164.6 million, or $2.96 per share, in last year's third quarter.

Excluding items, Snap-On Inc. reported adjusted earnings of $179.7 million or $3.28 per share for the period.

Analysts had expected the company to earn $2.16 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.4% to $941.6 million from $901.8 million last year.

Snap-On Inc. earnings at a glance:

-Earnings (Q3): $179.7 Mln. vs. $164.6 Mln. last year.-EPS (Q3): $3.28 vs. $2.96 last year.-Analysts Estimate: $2.16-Revenue (Q3): $941.6 Mln vs. $901.8 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3138361/snap-on-inc-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved