Fastenal (NASDAQ:FAST) reported third quarter earnings that beat analysts' expectations on Friday and revenue that topped forecasts.
The firm reported earnings per share of $0.37 on revenue of $1.38B. Analysts polled by anticipated EPS of $0.36 on revenue of $1.37B. That compared to EPS of $0.69 on revenue of $1.28B in the same period a year earlier. The company had reported EPS of $0.36 on revenue of $1.37B in the previous quarter.
Fastenal shares gained 10.90% to trade at $34.40 in pre-market trade following the report.
Fastenal follows other major Capital Goods sector earnings this month
On October 2, Lennar reported third quarter EPS of $1.59 on revenue of $5.86B, compared to forecasts of EPS of $1.32 on revenue of $5.44B.
Lennar B earnings beat analysts' expectations on October 2, with third quarter EPS of $1.59 on revenue of $5.86B. analysts expected EPS of $1.32 on revenue of $5.44B
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