Fastenal Co. Profit Climbs In Q1

Fastenal Co. (FAST) announced earnings for its first quarter that advanced from last year.

The company's bottom line came in at $210.6 million, or $0.37 per share. This compares with $202.6 million, or $0.35 per share, in last year's first quarter.

Analysts had expected the company to earn $0.36 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.6% to $1.42 billion from $1.37 billion last year.

Fastenal Co. earnings at a glance:

-Earnings (Q1): $210.6 Mln. vs. $202.6 Mln. last year.
-EPS (Q1): $0.37 vs. $0.35 last year.
-Analysts Estimate: $0.36
-Revenue (Q1): $1.42 Bln vs. $1.37 Bln last year.

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