MSC Industrial Direct Co Inc expected to post earnings of $1.46 a share - Earnings Preview

MSC Industrial Direct

03/01/2023 13:32

* MSC Industrial Direct Co Inc  MSM.N   MSM  is expected
to show a
rise in quarterly revenue when it reports  results on January
5. 
    * The Melville New York-based  company is expected to report
 a
11.7% increase in revenue to $947.683 million from $848.55
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for MSC Industrial
Direct Co
Inc is for earnings of $1.46 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for MSC
Industrial
Direct Co Inc is $88​, above​ its last closing price of $81.70.
​​​

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 2022  1.79        1.78       1.79      Beat    0.6
 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
 ​​Aug.        1.27        1.26       1.26      Met     0
 31 2021                                                
 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
 This summary was machine generated January 3 at 13:32 GMT.  All
figures in US dollars  unless otherwise stated