Fastenal (NASDAQ:FAST) reported second quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.36 on revenue of $1.37B. Analysts polled by forecast EPS of $0.37 on revenue of $1.38B. That compared to EPS of $0.74 on revenue of $1.27B in the same period a year earlier. The company had reported EPS of $0.34 on revenue of $1.31B in the previous quarter.
Fastenal follows other major Capital Goods sector earnings this month
On June 25, Lennar B reported second quarter EPS of $1.3 on revenue of $5.56B, compared to forecasts of EPS of $1.15 on revenue of $5.03B.
MSC Industrial Direct earnings missed analysts' expectations on Wednesday, with third quarter EPS of $1.45 on revenue of $866.55M. analysts expected EPS of $1.5 on revenue of $882.13M
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