Fastenal rises on second quarter results beat
ReutersJul 14, 2025 11:50 AM
Shares of industrial supplies distributor Fastenal FAST.O rise 3% to $44.50 in premarket trading
Q2 profit 29 cents per share vs analysts' estimate of 28 cents per share, according to data compiled by LSEG
FAST Q2 revenue also beat analysts' expectation, helped by higher demand for its safety supplies
Of 16 brokerages, 3 rate it "buy" or higher, 11 "hold" and 2 "sell" or lower; median PT is $40.50 - data compiled by LSEG
As of last close, stock up 20.3% YTD
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