WINONA (dpa-AFX) - Fastenal Co. (FAST) released earnings for its third quarter that Increased, from last year but missed the Street estimates.
The company's earnings totaled $335.5 million, or $0.29 per share. This compares with $298.1 million, or $0.26 per share, last year.
Analysts on average had expected the company to earn $0.3 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 11.7% to $2.133 billion from $1.910 billion last year.
Fastenal Co. earnings at a glance (GAAP) :
-Earnings: $335.5 Mln. vs. $298.1 Mln. last year. -EPS: $0.29 vs. $0.26 last year. -Revenue: $2.133 Bln vs. $1.910 Bln last year.
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