Fastenal rises to 18-month high after earnings beat estimates
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Fastenalâs (NASDAQ:FAST) stock on Thursday rose as much 8% to tough an 18-month after reporting earnings that beat the average estimate of Wall Street analysts.

Net earnings rose 3.8% to $295.5 million, or $0.52 a share, in the third quarter from $284.6 million, or $0.50 a share, a year earlier. The industrial supplierâs EPS beat the analyst estimate of $0.50.
Revenue advanced 2.4% to $1.85 billion, in line with the consensus estimate.

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Fastenal reports August sales of $668.2M