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Fastenal Co. reports $401.6 million in third-quarter profit

Associated Press ·

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  1. 1Fastenal Co. recorded a third-quarter profit of $401.6 million.
  2. 2Fastenal Co. third-quarter earnings per share of 35 cents exceeded Wall Street estimates.
  3. 3Fastenal Co. revenue of $2.46 billion for the period fell short of the $2.49 billion Wall Street revenue estimate from 4 analysts surveyed by Zacks.

So what's the key point?

The money Fastenal Co. earned was higher than experts expected. However, the amount of money from sales was lower than expected.

Source Associated Press · View original ↗

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