MSC Industrial Direct Co Inc expected to post earnings of $1.19 a share - Earnings Preview

MSC Industrial Direct

20/12/2021 13:32

* MSC Industrial Direct Co Inc  MSM.N   MSM  is expected to show
a rise in quarterly revenue when it reports  results on December
22. 
* The Melville New York-based  company is expected to report  a
8.7% increase in revenue to $838.968 million from $771.9 million
a year ago, according to the mean estimate from 9 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for MSC Industrial Direct
Co Inc is for earnings of $1.19 per share. For the same quarter
last year, the company reported earnings of $1.10 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 0.5% in the last three months. ​
* Wall Street's median 12-month price target for MSC Industrial
Direct Co Inc is $95​, about 12.4% above​ its last closing price
of $83.19. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Aug. 31 2021  1.27        1.26       1.26      Met     0
 May. 31 2021  1.37        1.37       1.42      Beat    3.6
 Feb. 28 2021  1.00        1.02       1.03      Beat    0.6​
 Nov. 30 2020  1.08        1.08       1.10      Beat    1.5
 ​​Aug.        0.95        0.94       1.09      Beat    15.8
 31 2020                                                
 May. 31 2020  1.24        1.16       1.40      Beat    20.5​
 Feb. 29 2020  1.01        0.99       1.00      Beat    0.8
 Nov. 30 2019  1.17        1.17       1.21      Beat    3.8
 This summary was machine generated December 20 at 13:32 GMT. 
All figures in US dollars  unless otherwise stated