Fastenal Company Reports 2017 Second Quarter Earnings
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UPDATE: Baird Upgrades Fastenal (FAST) to Outperform
July 12, 2017 12:38 PM EDT(Updated - July 13, 2017 8:43 AM EDT)
(updated to add analyst comment and add price target)
Baird upgraded Fastenal (NASDAQ: FAST) from Neutral to Outperform, price target $53.00.
Analyst David Manthey expects stronger growth and gross margins than the consensus is expecting.... More
Fastenal (FAST) Trades at Lows
July 12, 2017 10:42 AM EDTFastenal (NASDAQ: FAST) traded at session lows mid-morning, reversing an earlier gain. The company reported Q2 results pre-market and hosted a call that began at 10 am ET (9 am central time).
Shares are down 2.7%.
... MoreFastenal (FAST) Tops Q2 EPS by 2c
July 12, 2017 6:50 AM EDTFastenal (NASDAQ: FAST) reported Q2 EPS of $0.52, $0.02 better than the analyst estimate of $0.50. Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $1.11 billion.
For earnings history and earnings-related data on Fastenal (FAST) click here.
... More