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MarketBeat
MarketBeat
Chris Markoch

Fastenal Surges After Earnings Beat, Tariff Risks Loom

FAST Fastenal MarketBeat

Fastenal Co. (NASDAQ: FAST) stock is up more than 4.5% in early trading after the company reported a double-beat in its second quarter earnings report. The company delivered a slight beat on both the top and bottom lines. However, the results were more bullish on a year-over-year (YOY) basis.

Fastenal reported earnings per share (EPS) of 29 cents for the most recent quarter. That was a penny higher than the 28 cents expected. It was also 11% higher than the split-adjusted 26 cents per share it delivered in the same quarter in 2024.

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