Fastenal Co. Reveals 2% Increase In Q3 Profit

(RTTNews) - Fastenal Co. (FAST) revealed earnings for its third quarter that advanced from last year.

The company said its bottom line climbed to $136.49 million, or $0.47 per share. This was higher than $133.31 million, or $0.45 per share, in last year's third quarter.

Analysts had expected the company to earn $0.47 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 1.5% to $995.25 million. This was up from $980.81 million last year.

Fastenal Co. earnings at a glance:

-Earnings (Q3): $136.49 Mln. vs. $133.31 Mln. last year.
-Earnings Growth (Y-o-Y): 2.4%
-EPS (Q3): $0.47 vs. $0.45 last year.
-EPS Growth (Y-o-Y): 4.4%
-Analysts Estimate: $0.47
-Revenue (Q3): $995.25 Mln vs. $980.81 Mln last year.
-Revenue Change (Y-o-Y): 1.5%