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

MSC Industrial Direct

29/06/2022 14:31

* MSC Industrial Direct Co Inc  MSM.N  reported quarterly
adjusted
earnings of $1.82​​ per share for the quarter ended in May. The
mean expectation of nine analysts for the quarter was
for earnings of $1.74 per share.
    * Revenue rose 10.7% to $958.58 million from a year ago; 
analysts
expected $960.52 million. 
    * MSC Industrial Direct Co Inc's reported EPS for the
quarter was
$1.78​.
    * The mean earnings estimate of analysts had risen by
about 3.5%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * MSC Industrial Direct Co Inc shares had fallen by 13.7%
this
quarter and lost 12.5% so far this year.
    * The company reported quarterly net income of $99.66
million.
    * Wall Street's median 12-month price target for MSC
Industrial
Direct Co Inc is $100.00 
    * 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." 

This summary was machine generated June 29 at 01:30 p.m.  ​All
figures in US dollars unless otherwise stated