Analysts See 3Q19 income of $ 0.36 for Fastenal Company (NASDAQ:FAST)

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Fastenal Company (NASDAQ:FAST) is set to announce third quarter earning results on Friday 11th October 2019, before market open.

Analysts surveyed by Thomson Reuters are predicting, FAST to report 3Q19 income of $ 0.36 per share.

For the full year, analysts anticipate top line of $ 5360.23 million, while looking forward to income of $ 1.37 per share bottom line.

Historical Earnings Performance

3Q18 results rose above analysts expectation by 3.03 percent, the report represented earnings of $ 0.34 per share from the revenues of $ 1,279.80 million, analysts expected $ 0.33 per share

4Q18 results missed analysts estimates by 3.33 percent, the report depicted bottomline of $ 0.29 per share from the topline of $ 1,231.60 million, analysts forecasted $ 0.30 per share

1Q19 results surpassed analysts estimates by 3.03 percent, the report outlined profit of $ 0.34 per share from the revenues of $ 1,309.30 million, analysts predicted $ 0.33 per share

2Q19 results below street estimates by 2.7 percent, the report interpreted income of $ 0.36 per share from the topline of $ 1,368.40 million, analysts anticipated $ 0.37 per share

Recent Analyst recommendations

On 17th September 2019, maintained by Buckingham Research at Neutral rating, with $ 30.00 target price.

On 12th July 2019, maintained by Raymond James at Strong Buy rating, with $ 37.00 target price.

On 12th July 2019, maintained by Wells Fargo & Co at Market Perform rating, with $ 30.00 target price.

On 12th July 2019, maintained by Buckingham Research at Neutral rating, with $ 29.00 target price.

On 12th July 2019, maintained by Morgan Stanley at Equal-Weight rating, with $ 29.00 target price.

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