Fastenal Co. Q1 Income In Line With Estimates

(RTTNews) - Fastenal Co. (FAST) revealed a profit for first quarter in line with the Street estimates.

The company's bottom line totaled $298.7 million, or $0.52 per share. This compares with $297.7 million, or $0.52 per share, last year.

Analysts on average had expected the company to earn $0.52 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 3.4% to $1.959 billion from $1.895 billion last year.

Fastenal Co. earnings at a glance (GAAP) :

-Earnings: $298.7 Mln. vs. $297.7 Mln. last year. -EPS: $0.52 vs. $0.52 last year. -Revenue: $1.959 Bln vs. $1.895 Bln last year.