Fastenal (FAST) This fall Earnings and Revenues Lag Estimates

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Fastenal (FAST) This fall Earnings and Revenues Lag Estimates

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Fastenal (FAST) got here out with quarterly earnings of $0.31 per share, lacking the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.30 per share a 12 months in the past. These figures are adjusted for non-recurring objects.

This quarterly report represents an earnings shock of -3.12%. 1 / 4 in the past, it was anticipated that this maker of business and development fasteners would put up earnings of $0.35 per share when it really produced earnings of $0.37, delivering a shock of 5.71%.

Over the past 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.

Fastenal, which belongs to the Zacks Constructing Merchandise – Retail business, posted revenues of $1.28 billion for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 1.28%. This compares to year-ago revenues of $1.23 billion. The corporate has topped consensus income estimates two instances over the past 4 quarters.

The…



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