Investing.com - Fastenal (NASDAQ:FAST) reported fourth quarter earnings that missed analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.59 on revenue of $1.23B. Analysts polled by Investing.com anticipated EPS of $0.6 on revenue of $1.22B. That compared to EPS of $0.45 on revenue of $1.09B in the same period a year earlier. The company had reported EPS of $0.69 on revenue of $1.28B in the previous quarter.
Fastenal follows other major Capital Goods sector earnings this month
On January 9, Lennar B reported fourth quarter EPS of $2.42 on revenue of $6.46B, compared to forecasts of EPS of $1.92 on revenue of $6.48B.
ASE Industrial ADR earnings matched analyst's expectations on January 9, with fourth quarter EPS of $0.05 on revenue of $3.7B. Investing.com analysts expected EPS of $0.05 on revenue of $3.73B
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