WINONA, Minn. (AP) — Fastenal Co. (FAST) on Friday reported third-quarter net income of $298.1 million.
On a per-share basis, the Winona, Minnesota-based company said it had net income of 52 cents.
The results matched Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of 52 cents per share.
The maker of industrial and construction fasteners posted revenue of $1.91 billion in the period, falling short of Street forecasts. Seven analysts surveyed by Zacks expected $1.92 billion.
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