Minnesota based industry and construction supplier Fastenal reported its Third Quarter results with its Net earnings a solid 14.9% higher than last year. But investors have not been very impressed with Fastenal’s results as it did not meet the analyst’s expectations. Analyst’s had expected that each Fastenel share would earn 42 cents whereas it was missed by 1 cent in reality by Fastenal. Moreover the downward trend in the home construction industry is also causing the share prices to fall.

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