Fastenal Co. Q1 Income Rises 6%

(RTTNews) - Fastenal Co. (FAST) released a profit for its first quarter that rose from last year.

The company said its bottom line came in at $134.2 million, or $0.46 per share. This was higher than $126.2 million, or $0.44 per share, in last year's first quarter.

Analysts had expected the company to earn $0.46 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.1% to $1.05 billion. This was up from $0.99 billion last year.

Fastenal Co. earnings at a glance:

-Earnings (Q1): $134.2 Mln. vs. $126.2 Mln. last year. -Earnings Growth (Y-o-Y): 6.3% -EPS (Q1): $0.46 vs. $0.44 last year. -EPS Growth (Y-o-Y): 4.5% -Analysts Estimate: $0.46 -Revenue (Q1): $1.05 Bln vs. $0.99 Bln last year. -Revenue Change (Y-o-Y): 6.1%