Fastenal (FAST) Tops Q4 EPS by 8c

Fastenal (NASDAQ: FAST) reported Q4 EPS of $0.53, $0.08 better than the analyst estimate of $0.45. Revenue for the quarter came in at $1.09 billion versus the consensus estimate of $1.08 billion.

"A return to double-digit sales and pre-tax earnings growth in 2017 was a great way to celebrate our 50th year in business," said Dan Florness, President and Chief Executive Officer. "Our customers' demand improved, this demand lifted our business. Also encouraging was how the hard work of Fastenal employees generated accelerating signings and sales growth in our growth drivers. This momentum, our ability to leverage operating expenses, and the benefits of tax reform have set up 2018 to be another strong year for Fastenal."

For earnings history and earnings-related data on Fastenal (FAST) click here.

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