Fastenal Firm (NASDAQ:FAST) is scheduled to launch its monetary outcomes for the second quarter, earlier than the opening bell on Friday, July 12.
Analysts count on the Winona, Minnesota-based firm to report quarterly earnings at 51 cents per share, down from 52 cents per share within the year-ago interval. Fastenal is anticipated to put up income of $1.92 billion, in comparison with $1.89 billion a yr earlier, in keeping with information from Benzinga Professional.
On April 11, Fastenal posted worse-than-expected first-quarter monetary outcomes.
Fastenal shares gained 1.8% to shut at $63.68 on Tuesday.
Benzinga readers can entry the most recent analyst scores on the Analyst Inventory Rankings web page. Readers can type by inventory ticker, firm title, analyst agency, score change or different variables.
Let’s take a look at how Benzinga’s most-accurate analysts have rated the corporate within the current interval.
- Baird analyst David Manthey maintained a Impartial score and reduce the worth goal from $71 to $69 on Could 7. This analyst has an accuracy charge of 82%.
- Loop Capital analyst Chris Dankert maintained a Maintain score and slashed the worth goal from $71 to $66 on April 15. This analyst has an accuracy charge of 72%.
- HSBC analyst Wesley Brooks maintained a Maintain score and raised the worth goal from $59 to $64 on April 15. This analyst has an accuracy charge of 69%.
- Stifel analyst Michael Hoffman maintained a Purchase score and raised the worth goal from $75 to $85 on March 18. This analyst has an accuracy charge of 81%.
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