Fastenal: Q1 Earnings Snapshot


WINONA, Minn. (AP) – WINONA, Minn. (AP) – Fastenal Co. (FAST) on Thursday reported first-quarter earnings of $295.1 million.

On a per-share basis, the Winona, Minnesota-based company said it had profit of 52 cents.

The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.

The maker of industrial and construction fasteners posted revenue of $1.86 billion in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $1.84 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FAST at https://www.zacks.com/ap/FAST


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