MSC Industrial Direct Co Inc expected to post earnings of $1.08 a share - Earnings Preview

MSC Industrial Direct

22/10/2024 15:10

* MSC Industrial Direct Co Inc  MSM.N   MSM  is expected
to show a
fall in quarterly revenue when it reports  results on October 24
for the period ending January 1 0001
    * The Melville New York-based  company is expected to report
a
7.3% decrease in revenue to $959.726 million from $1.04 billion
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for MSC Industrial Direct Co
Inc
is for earnings of $1.08 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for MSC
Industrial
Direct Co Inc is 87.00​, above​ its last closing price
of $82.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 May. 31 2024  1.33        1.33       1.33      Met     0.1
 Feb. 29 2024  1.16        1.16       1.18      Beat    1.8
 Nov. 30 2023  1.31        1.31       1.25      Missed  -4.5​
 Aug. 31 2023  1.63        1.62       1.64      Beat    1.1
 ​​Jan.        1.76        1.75       1.74      Missed  -0.5
 1 0001                                                 
 Feb. 28 2023  1.35        1.34       1.45      Beat    8.2​
 Jan. 1 0001   1.47        1.46       1.48      Beat    1.3
 Aug. 31 2022  1.79        1.78       1.79      Beat    0.6
 This summary was machine generated October 22 at 14:10 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)