On Wednesday, April 12th, Fastenal (FAST) will release its first quarter earnings results before the bell. The company is a Zacks Rank 2 (Buy), and have a Value, Growth, and Momentum score of D.
In our video David will take a look at the current state of Fastenal, their past earnings announcements, and he'll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
Fastenal in Focus
Fastenal Company sells industrial and construction supplies grouped into eleven product lines. The traditional Fastenal® product line consists of threaded fasteners and other miscellaneous supplies. The Company also sells, in its other ten product lines, tools, metal cutting tool blades and blade resharpening services, fluid transfer components and accessories for hydraulic and pneumatic power, material handling and storage products, janitorial and paper products, electrical supplies, welding supplies, safety supplies, and raw materials.
Fastenal is expected to report earnings at $0.46 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $0.47, beating expectations by a penny. Their average EPS surprise is 2.96%.
Fastenal Company Price, Consensus and EPS Surprise
How should investors play Fastenal ahead of their earnings report? For insights on the best options trades, then tune in 9:00 am tomorrow to see David's thoughts.
Zacks' Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report