Fastenal Company (NASDAQ:FAST) revealed its second quarter earnings results on Tuesday 14th July 2020 before market open.
The industrial equipment wholesaler, reported $ 0.42 income per share for the quarter, beat the consensus estimate of $ 0.36 income per share by $ 0.06 or 16.67 percent.
The quarterly earnings developed 16.67 percent compared with the same quarter last year.
The firm had revenue of $ 1,509.00 million for the quarter, compared to the consensus estimate of $ 1465.59 million. The revenues topped analysts estimates by $ 43.41 million or 2.96 percent.
The financial report showed revenues elevated 10.27 percent versus second quarter of last year.
Analysts estimates are from Thompson Reuters, exclude one time gain or loss
The press release noted that second quarter of 2020 was heavily influenced by actions taken by governments and businesses around the world to address the COVID-19 pandemic, which influenced our efforts in several ways.
