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Fastenal Co. Reveals Gain In Q3 Profit

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

The company's bottom line came in at $221.5 million, or $0.38 per share. This compares with $213.5 million, or $0.37 per share, in last year's third quarter.

Analysts had expected the company to earn $0.37 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.2% to $1.41 billion from $1.38 billion last year.

Fastenal Co. earnings at a glance:

-Earnings (Q3): $221.5 Mln. vs. $213.5 Mln. last year.
-EPS (Q3): $0.38 vs. $0.37 last year.
-Analysts Estimate: $0.37
-Revenue (Q3): $1.41 Bln vs. $1.38 Bln last year.

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