Fastenal’s Q4 earnings showed mixed results, with revenue slightly below estimates and EPS matching last year’s figures
Winona: Fastenal recently shared its Q4 results, and they were a bit of a mixed bag. For the quarter ending December 2024, they reported revenue of $1.82 billion, which is a 3.8% increase from last year. Their earnings per share (EPS) stayed steady at $0.46, the same as last year.
However, the revenue fell short of what analysts expected, which was $1.84 billion, leading to a surprise of -1.08%. The EPS also didn’t quite hit the mark, missing the consensus estimate of $0.48 by 4.17%.
Investors are always keen on how these numbers stack up against previous years and Wall Street’s predictions. Some key metrics can really help paint a clearer picture of how a company is doing financially.
These metrics are crucial for understanding the overall performance, and comparing them to last year’s figures and analyst estimates can help investors gauge future stock performance.
Here’s a quick look at how Fastenal did in the latest quarter based on some important metrics:
- Business days: 63 days, matching analyst estimates.
- Daily sales: $29, slightly below the average estimate of $29.37.
- In-market locations: 3,628, just above the estimate of 3,620.
- FASTBin/FASTVend installations: 126,957, exceeding the estimate of 125,874.
- Active Onsite locations: 2,031, slightly above the estimate of 2,023.
- Branch locations: 1,597, just below the estimate of 1,598.
- FASTBin/FASTVend signings: 6,790, surpassing the estimate of 6,407.
In the past month, Fastenal’s shares have gone up by 1%, while the S&P 500 composite dropped by 2.1%. Currently, Fastenal holds a Zacks Rank of #3 (Hold), suggesting it might perform similarly to the broader market soon.
