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MSM — MSC Industrial Direct News Story

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MSC Industrial jumps after Q3 earnings beat estimates

BUZZ-MSC Industrial jumps after Q3 earnings beat estimates

** Industrial equipment supplier MSC Industrial's MSM.N shares jump 4% to $123.72 in premarket trading

** Stock set to open at record high if gains hold

** Co beat Q3 sales and adjusted EPS estimates, helped by pricing and volume strength

** Q3 adjusted EPS of $1.43 exceeded estimates of $1.27, while sales of $1.05 billion also beat estimates of $1.03 billion, according to data compiled by LSEG

** Co has outpaced adjusted EPS estimates for six out of the last seven quarters, according to LSEG-compiled data

** Up to last close, MSM up 41.4% YTD



(Reporting by Sudeshna Ghoshal in Bengaluru)

((Sudeshna.Ghoshal@thomsonreuters.com;))

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