Fastenal (Nasdaq: FAST) reported earnings on April 12. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Fastenal met expectations on both revenue and earnings per share.

Compared to the prior-year quarter, both revenue and GAAP earnings per share increased significantly.

Gross margin shrank, while operating margin and net margin expanded.

Revenue details
Fastenal chalked up revenue of $768.9 million. The nine analysts polled by S&P Capital IQ expected revenue of $768.6 million on the same basis. GAAP reported sales were 20% higher than the prior-year quarter's $640.6 million.

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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.34. The 10 earnings estimates compiled by S&P Capital IQ averaged $0.34 per share. GAAP EPS of $0.34 for Q1 were 26% higher than the prior-year quarter's $0.27 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 51.3%, 70 basis points worse than the prior-year quarter. Operating margin was 21.0%, 90 basis points better than the prior-year quarter. Net margin was 13.0%, 60 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $829.5 million. On the bottom line, the average EPS estimate is $0.38.

Next year's average estimate for revenue is $3.25 billion. The average EPS estimate is $1.49.

Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 805 members rating the stock outperform and 70 members rating it underperform. Among 276 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 260 give Fastenal a green thumbs-up, and 16 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fastenal is hold, with an average price target of $46.86.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.