MSC Industrial Direct Co Inc reports results for the quarter ended in August - Earnings Summary

MSC Industrial Direct

25/10/2023 14:33

* MSC Industrial Direct Co Inc  MSM.N  reported quarterly
adjusted
earnings of $1.64​​ per share for the quarter ended in August.
The mean expectation of eight analysts for the quarter was
for earnings of $1.62 per share.
    * Revenue rose 1.3% to $1.04 billion from a year ago;
analysts
expected $1.01 billion. 
    * MSC Industrial Direct Co Inc's reported EPS for the
quarter was
$1.56​.
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * MSC Industrial Direct Co Inc shares had fallen by 2.8%
this
quarter and gained 16.8% so far this year.
    * The company reported quarterly net income of $87.6
million.
    * Wall Street's median 12-month price target for MSC
Industrial
Direct Co Inc is $107.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 25 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2023      1.62           1.64           Beat
 May. 31 2023      1.75           1.74           Missed
 Feb. 28 2023      1.34           1.45           Beat
 Nov. 30 2022      1.46           1.48           Beat