Fastenal Earnings, Revenue Miss in Q2




Investing.com - Fastenal (NASDAQ:FAST) reported second quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.

The firm reported earnings per share of $0.36 on revenue of $1.37B. Analysts polled by Investing.com forecast EPS of $0.37 on revenue of $1.38B. That compared to EPS of $0.74 on revenue of $1.27B in the same period a year earlier. The company had reported EPS of $0.34 on revenue of $1.31B in the previous quarter.


Fastenal follows other major Capital Goods sector earnings this month


On June 25, Lennar B reported second quarter EPS of $1.3 on revenue of $5.56B, compared to forecasts of EPS of $1.15 on revenue of $5.03B.

MSC Industrial Direct earnings missed analysts' expectations on Wednesday, with third quarter EPS of $1.45 on revenue of $866.55M. Investing.com analysts expected EPS of $1.5 on revenue of $882.13M

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Delta CEO sees 'marginal benefit' as competitors grapple with Boeing MAX grounding

UK's Reckitt to pay up to $1.4 billion to resolve Indivior probe

Stocks - Futures Rise After Powell Cements Rate Cut Expectations

COMMENTS

Leave a Comment

Your email address will not be published. Required fields are marked with *

Cancel reply

Comments

Top News: Economy

facebook
Hit "Like"
Don't miss any important news
Thanks, you don't need to show me this anymore.