Earnings To Watch: Fastenal (FAST) Reports Q2 Results Tomorrow

Barchart·07/12/2026 22:10:04

Industrial supplier Fastenal (NASDAQ:FAST) will be announcing earnings results this Tuesday before market hours. Here’s what to expect.

Fastenal met analysts’ revenue expectations last quarter, reporting revenues of $2.20 billion, up 12.4% year on year. It was a mixed quarter for the company, with EPS in line with analysts’ estimates.

Is Fastenal a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Fastenal’s revenue to grow 12.6% year on year, improving from the 8.6% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Fastenal has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at Fastenal’s peers in the industrial distributors segment, only MSC Industrial has reported results so far. It exceeded analysts’ revenue estimates, delivering year-on-year sales growth of 7.8%.

Read our full analysis of MSC Industrial’s earnings results here.

Investors in the industrial distributors segment have had fairly steady hands going into earnings, with share prices down 1.5% on average over the last month. Fastenal is up 1.1% during the same time and is heading into earnings with an average analyst price target of $47.08 (compared to the current share price of $46.61).

ONE MORE THING: The $21 AI Application Stock Wall Street Forgot. While Wall Street obsesses over who’s building AI, one company is already using it to print money. And nobody’s paying attention.

AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won’t last. The institutions will figure it out. You need to see this first. Read the FREE Report Before They Notice.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.