Fastenal(US:FAST) ZACKSยท2024-07-11 14:21Core Insights - Analysts project that 'Weighted FASTBin/FASTVend installations' will reach 118,313, an increase from 107,115 a year ago [1] - The consensus EPS estimate for the quarter has been revised down by 3.1% over the last 30 days, indicating a collective reassessment by analysts [2] - Fastenal is expected to report quarterly earnings of $0.51 per share, reflecting a year-over-year decline of 1.9%, while revenues are anticipated to be $1.93 billion, a 2.4% increase from the previous year [6] Sales and Revenue Metrics - Analysts forecast 'Daily sales' to reach $30.15, up from $29.40 in the same quarter last year [4] - 'Weighted FASTBin/FASTVend signings' are expected to total 7,194, compared to 6,794 in the same quarter of the previous year [5] - The consensus estimate for 'Number of in-market locations' is 3,495, an increase from 3,363 reported last year [8] Branch and Location Metrics - The average prediction for 'Number of branch locations' is 1,578, down from 1,635 a year ago [9] - Analysts expect 'Business days' to be 64.00 days, consistent with the year-ago figure of 64 days [11] - The estimate for 'Number of active Onsite locations' is projected at 1,916, up from 1,728 last year [12] Market Performance - Over the past month, Fastenal shares have returned -1.6%, while the Zacks S&P 500 composite has increased by 5.1% [10]