We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Fastenal Company | NASDAQ:FAST | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.09 | -0.13% | 68.09 | 67.48 | 67.92 | 68.57 | 67.46 | 68.49 | 3,080,110 | 22:07:12 |
By Kimberly Chin
Fastenal Co. (FAST) had better-than-expected profit in the latest quarter as sales and pricing improved, sending shares up 5.9% on Thursday.
Fastenal was the leading gainer on the S&P 500 in morning trading.
Per-share profits came in a penny ahead of consensus forecasts, according to a Refinitiv poll of analysts. "The beat was from sales leverage," a BMO Capital Markets analyst said in a note.
The company said it had higher net interest expense and other expenses in the quarter as it aims to expand its distribution center assets and purchase vending equipment to support higher underlying demand.
Write to Kimberly Chin at kimberly.chin@wsj.com
(END) Dow Jones Newswires
April 11, 2019 11:18 ET (15:18 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
1 Year Fastenal Chart |
1 Month Fastenal Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions