Analysts expect Fastenal to report an earnings per share (EPS) of $0.53.
The market awaits Fastenal's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings Track Record
Last quarter the company missed EPS by $0.02, which was followed by a 0.0% drop in the share price the next day.
Here's a look at Fastenal's past performance and the resulting price change:
Quarter
Q4 2024
Q3 2024
Q2 2024
Q1 2024
EPS Estimate
0.48
0.51
0.51
0.53
EPS Actual
0.46
0.52
0.51
0.52
Price Change %
2.0%
10.0%
2.0%
1.0%
Tracking Fastenal's Stock Performance
Shares of Fastenal were trading at $76.47 as of April 09. Over the last 52-week period, shares are up 8.05%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analyst Insights on Fastenal
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Fastenal.
Analysts have given Fastenal a total of 1 ratings, with the consensus rating being Neutral. The average one-year price target is $82.0, indicating a potential 7.23% upside.
Comparing Ratings with ...
