Earnings Outlook For Fastenal
Portfolio Pulse from Benzinga Insights
Fastenal (NASDAQ:FAST) is set to release its latest quarterly earnings report on July 13, 2023. Analysts estimate an earnings per share (EPS) of $0.53. The company's past performance shows a trend of beating EPS estimates, which has often resulted in a share price increase. Fastenal's shares were trading at $58.96 as of July 11, with a 23.64% increase over the last 52-week period.
July 12, 2023 | 2:02 pm
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Fastenal is expected to report an EPS of $0.53 in its upcoming earnings report. The company's history of beating EPS estimates could potentially lead to a share price increase.
Fastenal has a history of beating EPS estimates, which has often resulted in a share price increase. If the company beats the EPS estimate of $0.53, it could potentially lead to a positive impact on the share price. However, the actual impact will also depend on the company's guidance for the next quarter.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100