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Fastenal Co. (FAST) reported a profit for its third quarter that increased from the same period last year.


RTTNews | Oct 13, 2020 06:54AM EDT

06:54 Tuesday, October 13, 2020 (RTTNews.com) - Fastenal Co. (FAST) reported a profit for its third quarter that increased from the same period last year.

The company's bottom line came in at $221.5 million, or $0.38 per share. This compares with $213.5 million, or $0.37 per share, in last year's third quarter.

Analysts had expected the company to earn $0.37 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 $1.41 billion from $1.38 billion last year.

Fastenal Co. earnings at a glance:

-Earnings (Q3): $221.5 Mln. vs. $213.5 Mln. last year.-EPS (Q3): $0.38 vs. $0.37 last year.-Analysts Estimate: $0.37-Revenue (Q3): $1.41 Bln vs. $1.38 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3135734/fastenal-co-reveals-gain-in-q3-profit.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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