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Fastenal Co. Q3 Profit Advances

Fastenal Co. (FAST) revealed a profit for its third quarter that increased from the same period last year.

The company's bottom line totaled $197.6 million, or $0.69 per share. This compares with $143.1 million, or $0.50 per share, in last year's third quarter.

Analysts had expected the company to earn $0.67 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.3% to $1.28 billion from $1.13 billion last year.

Fastenal Co. earnings at a glance:

-Earnings (Q3): $197.6 Mln. vs. $143.1 Mln. last year.
-EPS (Q3): $0.69 vs. $0.50 last year.
-Analysts Estimate: $0.67
-Revenue (Q3): $1.28 Bln vs. $1.13 Bln last year.

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