Fastenal Company (NASDAQ:FAST) 3Q18 Topline up 13%; Tops Estimate

Fastenal Company

Fastenal Company (NASDAQ:FAST) industrial equipment wholesaler reported net income for the third quarter of $ 197.60 million or $ 0.69 per share, compared to income of $ 143.10 million or $ 0.50 per share for the year-ago quarter.

The topline results for the third quarter rose 13% to $ 1.28 billion from $ 1.13 billion in the same quarter last year.

Analysts polled by Thomson Reuters expected Fastenal to report income of $ 0.67 per share on revenue of $ 1.27 billion for the third quarter.

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