Snap-on (NYSE:SNA) is set to report earnings on July 17, 2025. Historical data shows a balanced reaction to earnings releases, with 50% positive and negative one-day returns. Analysts expect earnings of $4.66 per share on $1.16 billion in sales, lower than last year. The market cap is $17 billion with strong operational profitability.
Understanding historical post-earnings returns can benefit traders. In the past five years, Snap-on has seen 50% positive one-day returns, with a median of 2.9%, and 50% negative returns, with a median of -5.9%. Considering these trends can inform pre- and post-earnings trading strategies for event-driven traders.
Traders can analyze correlations between short-term and medium-term returns post-earnings to inform trading decisions. By understanding the correlation between 1D, 5D, and 21D returns, traders can make informed choices on how to position themselves after earnings are released. This strategy can help manage risk and optimize returns for trading Snap-on stock.
Read more at Nasdaq: How To Trade Snap-on Stock Ahead of Its Upcoming Earnings?