MSC Industrial Direct Co Inc expected to post earnings of $1.31 a share - Earnings Preview

MSC Industrial Direct

05/01/2024 13:39

* MSC Industrial Direct Co Inc  MSM.N   MSM  is expected
to show a
rise in quarterly revenue when it reports  results on January 9
for the period ending August 31 2023
    * The Melville New York-based  company is expected to report
a
1.5% increase in revenue to $972.058 million from $957.75
million 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 $1.31 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for MSC
Industrial
Direct Co Inc is $107.50​, above​ its last closing price
of $96.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Aug. 31 2023  1.63        1.62       1.64      Beat    1.1
 May. 31 2023  1.76        1.75       1.74      Missed  -0.5
 Feb. 28 2023  1.35        1.34       1.45      Beat    8.2​
 Nov. 30 2022  1.47        1.46       1.48      Beat    1.3
 ​​Aug.        1.79        1.78       1.79      Beat    0.6
 31 2022                                                
 May. 31 2022  1.75        1.74       1.82      Beat    4.6​
 Feb. 28 2022  1.23        1.22       1.29      Beat    5.6
 Nov. 30 2021  1.19        1.19       1.25      Beat    4.7
 This summary was machine generated January 5 at 13:39 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)