Fastenal's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Fastenal (NASDAQ:FAST) is set to release its latest quarterly earnings report on October 12, 2023. Analysts estimate an earnings per share (EPS) of $0.50. The company's past performance shows a pattern of share price increase following earnings reports, even when EPS estimates were missed. Fastenal's shares were trading at $55.85 as of October 10, with a 19.36% increase over the last 52-week period.
October 11, 2023 | 2:00 pm
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Fastenal's upcoming earnings report could potentially impact its share price. Historically, the company's share price has increased following earnings reports, even when EPS estimates were missed.
Fastenal's share price has historically increased following earnings reports, even when the company missed EPS estimates. This pattern suggests that the upcoming earnings report could have a positive impact on the company's share price.
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