Fastenal (FAST) to Report Q1 Earnings: What s in Store? Zacks.com 2 hrs ago
Fastenal Company FAST is scheduled to report first-quarter 2021 results on Apr 13, before the opening bell.
In the last reported quarter, the company’s earnings and revenues beat the Zacks Consensus Estimate by 3% and 2%, respectively. On a year-over-year basis, earnings and revenues grew 6.4% and 9.6%, respectively.
Fastenal’s earnings topped the consensus mark in all the last four quarters, with the average being 6.3%.
Trend in Estimate Revision
For the quarter to be reported, the Zacks Consensus Estimate for earnings per share has been unchanged at 37 cents over the past 60 days. The estimated figure indicates 5.7% growth from the year-ago level. The consensus mark for revenues is pegged at $1.43 billion, suggesting a 4.9% increase from the year-ago reported figure of $1.37 billion.