Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Kennametal (NYSE:KMT) and its peers.
Fundamentally sound dividend payers like Snap-on, Whirlpool, Verizon, and Cintas sold off along with the broad market and offer value to investors in Q2.
Join us in exploring the top gainers and losers within the S&P500 index one hour before the close of the markets on Thursday as we examine the latest happenings in today's session.
Curious about the top performers within the S&P500 index in the middle of the day on Thursday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Shares of professional tools and equipment manufacturer Snap-on (NYSE:SNA)
fell 8.6% in the morning session after the company reported weak first-quarter 2025 results: Its revenue missed significantly, and its EPS fell short of Wall Street's estimates. The big story was a 3.5% drop in sales, with most of that coming from weaker demand in the U.S. Tools Group. Overall, this quarter could have been better.
Curious about the market action on Thursday? Dive into the US markets to explore the gap up and gap down stocks in the S&P500 index during today's session.
Let's have a look at what is happening on the US markets before the opening bell on Thursday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
Professional tools and equipment manufacturer Snap-on (NYSE:SNA) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 11% year on year to $1.14 billion. Its GAAP profit of $4.51 per share was 6.4% below analysts’ consensus estimates.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. Still, their generally high capital requirements expose them to the ups and downs of economic cycles, and the market seems to be baking in a prolonged downturn
as the industry has shed 20.6% over the past six months. This performance was worse than the S&P 500’s 12.8% fall.
Since March 2020, the S&P 500 has delivered a total return of 113%. But one standout stock has nearly doubled the market - over the past five years, Snap-on has surged 201% to $327.91 per share. Its momentum hasn’t stopped as it’s also gained 13.2% in the last six months, beating the S&P by 17.3%.
Mid-cap stocks often strike the right balance between having proven business models and market opportunities that can support $100 billion corporations.
However, they face intense competition from scaled industry giants and can be disrupted by new innovative players vying for a slice of the pie.
Looking back on professional tools and equipment stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Nordson (NASDAQ:NDSN) and its peers.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Hyster-Yale Materials Handling (NYSE:HY) and its peers.
Hardware products and merchandising solutions provider Hillman (NASDAQ:HLMN)
will be announcing earnings results tomorrow before market open. Here’s what investors should know.
