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Winona, Minnesota-based Fastenal Company (FAST) is a leading distributor of industrial and construction supplies, primarily serving customers in the manufacturing, construction, and maintenance sectors. The company, valued at a market cap of $44.5 billion, offers a wide range of products, including fasteners, safety equipment, tools, and electrical components, as well as offering inventory management services. It is set to announce its fiscal first-quarter earnings for 2025 before the market opens on Friday, Apr. 11.
Ahead of the event, analysts expect FAST to report a profit of $0.52 per share on a diluted basis, unchanged from the year-ago quarter. The company has matched the consensus estimates in two of the last four quarters while missing the forecast on two other occasions. In the previous quarter, it reported an EPS of $0.46, which missed the consensus estimate by 4.2% due to a broader slowdown and continued softness in manufacturing activities.