MSC Industrial to report earnings Wednesday before market open

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MSC Industrial Direct will report earnings Wednesday before market open. Last quarter, the company missed revenue expectations with $917.8 million, up 2.9% year on year, and also missed adjusted operating income and EPS estimates. For this quarter, analysts expect revenue to grow 6.2% year on year, improving from flat revenue in the same quarter last year. Analyst estimates have been largely reconfirmed over the last 30 days. MSC Industrial has missed Wall Street revenue estimates multiple times over the last two years.

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Industrials▼ · 1 stocks
MSC Industrial Direct Company Inc
MSM
▼ NegativeCapitalrelevance

Company missed revenue, operating income, and EPS estimates last quarter; analysts expect only modest growth this quarter.