Fastenal(FAST)
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Fastenal(FAST) - 2024 Q3 - Earnings Call Presentation
2024-10-11 16:05
THIRD 2024 QUARTER INVESTOR TELECONFERENCE OCTOBER 11, 2024 1 SAFE HARBOR STATEMENT | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...
Fastenal (FAST) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-10-11 14:30
Fastenal (FAST) reported $1.91 billion in revenue for the quarter ended September 2024, representing a yearover-year increase of 3.5%. EPS of $0.52 for the same period compares to $0.52 a year ago. The reported revenue represents a surprise of -0.26% over the Zacks Consensus Estimate of $1.92 billion. With the consensus EPS estimate being $0.52, the company has not delivered EPS surprise. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...
Fastenal (FAST) Matches Q3 Earnings Estimates
ZACKS· 2024-10-11 13:01
Fastenal (FAST) came out with quarterly earnings of $0.52 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.52 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this maker of industrial and construction fasteners would post earnings of $0.51 per share when it actually produced earnings of $0.51, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Faste ...
Fastenal(FAST) - 2024 Q3 - Quarterly Results
2024-10-11 11:42
EXHIBIT 99.1 Fastenal Company Reports 2024 Third Quarter Earnings WINONA, Minn., October 11, 2024 (BUSINESS WIRE) -- Fastenal Company (Nasdaq:FAST) (collectively referred to as 'Fastenal' or by terms such as 'we', 'our', or 'us'), a leader in the wholesale distribution of industrial and construction supplies, today announced its financial results for the quarter ended September 30, 2024. Except for share and per share information, or as otherwise noted below, dollar amounts are stated in millions. Throughou ...
Ahead of Fastenal (FAST) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
ZACKS· 2024-10-08 14:20
The upcoming report from Fastenal (FAST) is expected to reveal quarterly earnings of $0.52 per share, indicating no change from the year-ago quarter compared to the year-ago period. Analysts forecast revenues of $1.92 billion, representing an increase of 3.8% year over year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Prior to a company's earnings ...
Fastenal Gears Up to Report Q3 Earnings: Things to Keep in Mind
ZACKS· 2024-10-07 16:26
Fastenal Company (FAST) is scheduled to report third-quarter 2024 results on Oct. 11, before the opening bell. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. In the last reported quarter, Fastenal reported mixed results, with earnings meeting the Zacks Consensus Estimate and net sales missing the same by 0.3%. On a year-over-year basis, net sales rose 1.8% but the bottom line declined 2%. Fastenal's earnings topped the consensus mark in two of the last four quarters, met on one an ...
This Fastenal Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday
Benzinga· 2024-10-07 13:07
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying FAST stock? Here's what analysts think: Fastenal Co has a consensus price target of $64.21 based on the ratings of 14 analysts. The high is $85 issued by B of A Securities on October 7, 2024. The low is $42 issued by Morgan Stanley on January 6, 2023. The 3 most-recent analyst ratings were released by ...
Fastenal: Resilience Is Overshadowed By Steep Valuation
Seeking Alpha· 2024-10-06 13:45
Fastenal Company (NASDAQ: FAST ), the industrial and construction supplies distributor, has reported a slowdown in growth as the US manufacturing purchasing has been pressured by a weaker economy. The soonto-be-reported Q3 results look to slightly revitalize year-on-year growth although I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around ide ...
Fastenal (FAST) Reports Next Week: What to Know Ahead of the Release
ZACKS· 2024-10-04 15:00
Fastenal (FAST) is expected to deliver flat earnings compared to the year-ago quarter on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 11, 2024, might help the stock move higher if these key numbers are be ...
Is the Options Market Predicting a Spike in Fastenal (FAST) Stock?
ZACKS· 2024-10-01 13:30
Investors in Fastenal Company (FAST) need to pay close attention to the stock based on moves in the options market lately. That is because the Nov 15, 2025 $90 Call had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also ...