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Fastenal Co. Q4 Profit Misses Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Fastenal Co. (FAST) revealed a profit for fourth quarter that missed the Street estimates.

The company's earnings came in at $262.1 million, or $0.46 per share. This compares with $266.4 million, or $0.46 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $0.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.8% to $1.824 billion from $1.758 billion last year.

Fastenal Co. earnings at a glance (GAAP) :

-Earnings (Q4): $262.1 Mln. vs. $266.4 Mln. last year.
-EPS (Q4): $0.46 vs. $0.46 last year.
-Revenue (Q4): $1.824 Bln vs. $1.758 Bln last year.

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