MSC Industrial Direct Co Inc expected to post earnings of $1.22 a share - Earnings Preview

MSC Industrial Direct

28/03/2022 13:42

* MSC Industrial Direct Co Inc  MSM.N   MSM  is expected
to show a
rise in quarterly revenue when it reports  results on March 30. 
    * The Melville New York-based  company is expected to report
 a
10.6% increase in revenue to $855.957 million from $774 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 $1.22 per share. For the same quarter
last year, the company reported earnings of $1.03 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for MSC
Industrial
Direct Co Inc is $92​, above​ its last closing price of $82.25.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Nov. 30 2021  1.19        1.19       1.25      Beat    4.7
 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.        1.08        1.08       1.10      Beat    1.5
 30 2020                                                
 Aug. 31 2020  0.95        0.94       1.09      Beat    15.8​
 May. 31 2020  1.24        1.16       1.40      Beat    20.5
 Feb. 29 2020  1.01        0.99       1.00      Beat    0.8
 This summary was machine generated March 28 at 12:42 GMT.  All
figures in US dollars  unless otherwise stated