11.04.2024 12:53:59 - dpa-AFX: Fastenal Co. Q1 Profit misses estimates
WINONA (dpa-AFX) - Fastenal Co. (FAST) reported a profit for first quarter
that missed the Street estimates.
The company's bottom line came in at $297.7 million, or $0.52 per share. This
compares with $295.1 million, or $0.52 per share, in last year's first quarter.
Analysts on average had expected the company to earn $0.53 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 2.2% to $1.90 billion from $1.86
billion last year.
Fastenal Co. earnings at a glance (GAAP) :
-Earnings (Q1): $297.7 Mln. vs. $295.1 Mln. last year.
-EPS (Q1): $0.52 vs. $0.52 last year.
-Revenue (Q1): $1.90 Bln vs. $1.86 Bln last year.
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