Fastenal
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Fastenal's revenues will increase 10.7% and EPS will expand 12.1%.
The average estimate for revenue is $804.8 million. On the bottom line, the average EPS estimate is $0.37.
Revenue details
Last quarter, Fastenal logged revenue of $804.9 million. GAAP reported sales were 15% higher than the prior-year quarter's $701.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, EPS came in at $0.38. GAAP EPS of $0.38 for Q2 were 19% higher than the prior-year quarter's $0.32 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 51.6%, 60 basis points worse than the prior-year quarter. Operating margin was 22.2%, 80 basis points better than the prior-year quarter. Net margin was 14.0%, 60 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $3.16 billion. The average EPS estimate is $1.45.
Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fastenal is hold, with an average price target of $44.67.
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