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Investing.com - Fastenal reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Fastenal announced earnings per share of $0.50 on revenue of $1.80. Analysts polled by Investing.com EPS of $0.48 on revenue of $1.79B.
Fastenal 's are down 28% and is trading at $45.60 , still down 29.46% from its 52 week high of $64.75 set on Thursday, December 30, 2021.
Fastenal shares lost 0.15% to trade at $45.60 in pre-market trade the report.
Fastenal follows other major Industrials sector earnings this month
Fastenal's report follows an earnings missed by FedEx on Thursday, September 15, 2022, who reported EPS of $3.44 on revenue of $23.2B, EPS of $5.14 on revenue of $23.61B.
Cintas had beat expectations on Wednesday, September 28, 2022 with first quarter EPS of $3.39 on revenue of $2.17B, for EPS of $3.13 on revenue of $2.08B.
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