Picture of MSC Industrial Direct logo

MSM — MSC Industrial Direct News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsBalancedLarge CapHigh Flyer

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;))

Recent news on MSC Industrial Direct

See all news