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Brokerages Expect Fastenal (NASDAQ:FAST) Will Announce Earnings of $0.37 Per Share – Riverton Roll

On average, analysts expect that Fastenal will report full-year earnings of $1.42 per share for the current year, with EPS estimates ranging from $1.39 to $1.45. For the next fiscal year, analysts forecast that the company will report earnings of $1.52 per share, with EPS estimates ranging from $1.47 to $1.57. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.30 billion. In related news, insider Leland J. Hein sold 19,929 shares of the company’s stock in a transaction that occurred on Thursday, April 18th. Finally, Northern Trust Corp increased its stake in shares of Fastenal by 1.8% during the 1st quarter. Northern Trust Corp now owns 3,726,840 shares of the company’s stock worth $239,673,000 after purchasing an additional 65,952 shares during the last quarter.

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