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

MSC Industrial Direct

29/06/2023 14:31

* MSC Industrial Direct Co Inc  MSM.N  reported quarterly
adjusted
earnings of $1.74​​ per share for the quarter ended in May. The
mean expectation of eight analysts for the quarter was
for earnings of $1.75 per share.
    * Revenue rose 10% to $1.05 billion from a year ago;
analysts
expected $1.02 billion. 
    * MSC Industrial Direct Co Inc's reported EPS for the
quarter was
$1.69​.
    * The mean earnings estimate of analysts had risen by
about 5.6%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * MSC Industrial Direct Co Inc shares had risen by 14.2%
this
quarter and gained 17.4% so far this year.
    * The company reported quarterly net income of $95.2
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 3 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
29 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 May. 31 2023      1.75           1.74           Missed
 Feb. 28 2023      1.34           1.45           Beat
 Nov. 30 2022      1.46           1.48           Beat
 Aug. 31 2022      1.78           1.79           Beat