Industrial supplier Fastenal (NASDAQ:FAST) is set to report earnings, with analysts expecting revenue to grow by 11.5% year on year to $2.03 billion and adjusted earnings of $0.26 per share. Fastenal has missed revenue estimates four times in the past two years. Peers like MSC Industrial and Richardson Electronics have already reported Q4 results, with MSC Industrial meeting revenue expectations and Richardson Electronics exceeding estimates. Investor sentiment in the industrial distributors segment has been positive, with share prices up 8.8% on average over the last month. Fastenal is up 4.7% with an average analyst price target of $44.
Read more at StockStory: Fastenal (FAST) Q4 Earnings: What To Expect
