Investing.com - Fastenal (NASDAQ:FAST) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Fastenal announced earnings per share of $0.50 on revenue of $1.80. Analysts polled by Investing.com anticipated EPS of $0.48 on revenue of $1.79B.
Fastenal shares are down 28% from the beginning of the year and are trading at $45.60 , down-from-52-week-high.
Fastenal shares lost 0.15% in pre-market trade the report.
Fastenal follows other major Industrials sector earnings this month
Fastenal's report follows an earnings missed by FedEx on Thursday, September 15, 2022, who reported EPS of $3.44 on revenue of $23.2B, compared to forecasts EPS of $5.14 on revenue of $23.61B.
Cintas had beat expectations on Wednesday, September 28, 2022 with first quarter EPS of $3.39 on revenue of $2.17B, compared to forecast for EPS of $3.13 on revenue of $2.08B.
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