Fastenal announced earnings per share of $0.42 on revenue of $1.51B. Analysts polled by Investing.com anticipated EPS of $0.36 on revenue of $1.47B.
Fastenal shares are up 17.4% from the beginning of the year , still down 3.04% from its 52 week high of $44.74 set on July 6. They are outperforming the S&P 500 which is down 2.34% from the start of the year.
Fastenal’s report follows an earnings beat by Lennar on June 15, who reported EPS of $1.65 on revenue of $5.29B, compared to forecasts EPS of $1.24 on revenue of $5.19B.
Lennar B had beat expectations on June 15 with second quarter EPS of $1.65 on revenue of $5.29B, compared to forecast for EPS of $1.24 on revenue of $5.19B.
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