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18.01.2024 15:55:01 - dpa-AFX: Fastenal Shares Rise As Quarterly Results Beat Analysts' View
WINONA (dpa-AFX) - Shares of Fastenal Company (FAST), a distributor of
industrial and construction supplies, are rising more than 6% Thursday morning
after reporting upbeat quarterly results.
Profit for the fourth quarter increased 8.5% to $266.4 million or $0.46 per
share from $245.6 million or $0.43 per share a year ago. Analysts on average
polled by Thomson-Reuters were expecting earnings of $0.45 per share.
Sales for the quarter grew 3.7% to $1.759 billion from $1.696 billion in the
previous year. The consensus estimate was for $1.75 billion.
FAST, currently at $67.24, has traded in the range of $45.70 - $67.54 in the
last 1 year.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
industrial and construction supplies, are rising more than 6% Thursday morning
after reporting upbeat quarterly results.
Profit for the fourth quarter increased 8.5% to $266.4 million or $0.46 per
share from $245.6 million or $0.43 per share a year ago. Analysts on average
polled by Thomson-Reuters were expecting earnings of $0.45 per share.
Sales for the quarter grew 3.7% to $1.759 billion from $1.696 billion in the
previous year. The consensus estimate was for $1.75 billion.
FAST, currently at $67.24, has traded in the range of $45.70 - $67.54 in the
last 1 year.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX
| Name | WKN | Börse | Kurs | Datum/Zeit | Diff. | Diff. % | Geld | Brief | Erster | Schluss | |
|---|---|---|---|---|---|---|---|---|---|---|---|
 |
FASTENAL CO. DL-,01 | 887891 | Frankfurt | 62,680 | 10.05.24 08:04:45 | +0,750 | +1,21% | 62,700 | 63,100 | 62,680 | 61,930 |
