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Fastenal announced earnings per share of $0.35 on revenue of $1.37B. Analysts polled by Investing.com anticipated EPS of $0.34 on revenue of $1.36B. That with comparison to EPS of $0.34 on revenue of $1.31B in the same period a year before. Fastenal had reported EPS of $0.31 on revenue of $1.28B in the previous quarter. Analysts are expecting EPS of $0.31 and revenue of $1.28B in the upcoming quarter.
Fastenal shares are down 12.67% from the beginning of the year , still down 17.89% from its 52 week high of $39.30 set on February 20. They are under-performing the Nasdaq 100 which is down 5.33% year to date.
Fastenal’s report follows an earnings beat by L3Harris Technologies on February 4, who reported EPS of $2.44 on revenue of $1.87B, compared to forecasts EPS of $2.28 on revenue of $1.81B.
Ferguson ADR had beat expectations on March 17 with second quarter EPS of $2.05 on revenue of $5.32B, compared to forecast for EPS of $0.25 on revenue of $5.14B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
