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Fastenal Co. Reports Climb In Q3 Income, But Misses Estimates

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

Fastenal Co. (FAST) revealed earnings for its third quarter that Increased, from last year but missed the Street estimates.

The company's bottom line came in at $335.5 million, or $0.29 per share. This compares with $298.1 million, or $0.26 per share, last year.

Analysts on average had expected the company to earn $0.30 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 11.7% to $2.133 billion from $1.910 billion last year.

Fastenal Co. earnings at a glance (GAAP) :

-Earnings: $335.5 Mln. vs. $298.1 Mln. last year.
-EPS: $0.29 vs. $0.26 last year.
-Revenue: $2.133 Bln vs. $1.910 Bln last year.

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