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 after 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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