Snap-On: Q4 Earnings Snapshot

KENOSHA, Wis. (AP) — KENOSHA, Wis. (AP) — Snap-On Inc. (SNA) on Thursday reported fourth-quarter profit of $255.3 million.

On a per-share basis, the Kenosha, Wisconsin-based company said it had profit of $4.75.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.63 per share.

The tool and diagnostic equipment maker posted revenue of $1.2 billion in the period, meeting Street forecasts.

For the year, the company reported profit of $1.01 billion, or $18.76 per share. Revenue was reported as $4.73 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SNA at https://www.zacks.com/ap/SNA