Fastenal (FAST) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - Fastenal (FAST) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results being a significant factor influencing its near-term stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on January 20, with a consensus estimate of quarterly earnings at $0.26 per share, reflecting a 13% increase year-over-year. Revenues are projected to reach $2.05 billion, marking a 12.2% increase from the previous year [3]. Estimate Revisions Trend - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly altered their initial estimates during this period [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Fastenal is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.64%. This suggests a bearish outlook from analysts regarding the company's earnings prospects [12]. Historical Performance - In the last reported quarter, Fastenal was expected to post earnings of $0.30 per share but delivered $0.29, resulting in a surprise of -3.33%. Over the past four quarters, the company has only beaten consensus EPS estimates once [13][14]. Conclusion - Fastenal does not appear to be a strong candidate for an earnings beat based on current estimates and historical performance. Investors are advised to consider other factors when making decisions regarding this stock ahead of its earnings release [17].