Fastenal (Nasdaq: FAST) is expected to report Q3 earnings around Oct. 11. Here's what Wall Street wants to see:

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.