MSC Industrial Direct Co Inc expected to post earnings of $1.62 a share - Earnings Preview

MSC Industrial Direct

23/10/2023 15:27

* MSC Industrial Direct Co Inc  MSM.N   MSM  is expected
to show a
fall in quarterly revenue when it reports  results on October
25. 
    * The Melville New York-based  company is expected to report
 a
1.6% decrease in revenue to $1.006 billion from $1.02 billion 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 $1.62 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for MSC
Industrial
Direct Co Inc is $107.5​, above​ its last closing price
of $97.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  1.79        1.78       1.79      Beat    0.6
 ​​May.        1.75        1.74       1.82      Beat    4.6
 31 2022                                                
 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. 31 2021  1.27        1.26       1.26      Met     0
 This summary was machine generated October 23 at 14:27 GMT.  All
figures in US dollars  unless otherwise stated