Following a volatile year, investors may want to consider the best income stocks to buy in Jan. As the name suggests, these publicly traded securities offer regular passive income payouts with dividends (typically on a quarterly basis). Fundamentally, this financial category enables market participants to have their money work for them rather than the other way around. In addition, unlike risk-on growth-oriented enterprises, the price action for shares of passive income providers tends to be mor
Raymond James analyst Sam J. Darkatsh reiterated an Underperform rating on the shares of Fastenal Co (NASDAQ: FAST). 4Q22 adjusted EPS was $0.43 (RJE/Street $0.43/$0.42), with EBITDA $375 million vs. RJE/Street $370 million/$365 million. At a high level, better-than-expected opex leverage (driven by likely-unsustainable labor costs) offset softer-than-expected gross margins, the analyst added. Gross margins of 45.3% missed views by 20 basis points – 30 basis points and fell y/y for the 2nd strai
Fastenal Company (NASDAQ:FAST) Q4 2022 Earnings Call Transcript January 19, 2023 Operator: Greetings, and welcome to the Fastenal 2022 Annual and Fourth Quarter Earnings Results Conference Call. As a reminder, this conference is being recorded. I would now like to turn the call over to Taylor Ranta of Fastenal Company. Thank you. You may begin. […]