Market Overview

UPDATE: Fastenal Posts In-Line Q4 Profit

Share:
Related FAST
Benzinga's Option Alert Recap From October 24
Najarian Brothers See Unusual Options Activity In Facebook, W W Grainger, And More
Stocks Mixed As This Tech Leader Wins Analyst Praise Despite Soft Outlook (Investor's Business Daily)

Fastenal Co (NASDAQ: FAST) reported a 12.9% rise in its fourth-quarter profit.

Fastenal's quarterly profit climbed to $98.7 million, or $0.33 per share, versus $87.5 million, or $0.30 per share, in the year-earlier period.

Its sales gained to $757.2 million from $697.8 million. However, analysts were expecting earnings of $0.33 per share on sales of $758.62 million.

Fastenal shares closed at $47.00 yesterday.

Posted-In: profitEarnings News

 

Related Articles (FAST)

View Comments and Join the Discussion!

Partner Center