Fastenal Q3 2024 GAAP EPS $0.52 Beats $0.51 Estimate, Sales $1.910B Beat $1.908B Estimate
Portfolio Pulse from Benzinga Newsdesk
Fastenal reported Q3 2024 earnings per share of $0.52, slightly beating the consensus estimate of $0.51. Sales were $1.910 billion, also surpassing the estimate of $1.908 billion. Both earnings and sales showed modest growth compared to the same period last year.
October 11, 2024 | 10:51 am
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Fastenal's Q3 2024 earnings per share of $0.52 slightly exceeded expectations, and sales of $1.910 billion also beat estimates. The results indicate modest growth compared to the previous year.
Fastenal's earnings and sales both slightly exceeded analyst expectations, which is generally positive for the stock price. The modest growth compared to last year suggests stability and potential for continued performance.
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