In early trading on Thursday, Snap-On Inc. (SNA), a manufacturer of professional tools and equipment, saw its shares rise by 3.2%. This increase followed the company's announcement that its third-quarter non-GAAP earnings per share (EPS) amounted to $4.71, exceeding expectations by $0.05, with revenues reaching $1.19 billion. Snap-On expects its effective income tax rate for the year to fall between 22% and 23%.
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