MSC Industrial Direct Co. Earnings: Everything You Must Know Now

MSC Industrial Direct Co. Inc. (NYSE:MSM) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

MSC Industrial Direct Co. Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 4.55% to $1.05 in the quarter versus EPS of $1.10 in the year-earlier quarter.

Revenue: Rose 4.07% to $636.9 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: MSC Industrial Direct Co. Inc. reported adjusted EPS income of $1.05 per share. By that measure, the company beat the mean analyst estimate of $0.97. It beat the average revenue estimate of $635.18 million.

Quoting Management: Erik Gershwind, President and Chief Executive Officer, stated, “We continue to fuel share gains in our targeted markets despite a sluggish manufacturing sector, particularly in metalworking-related end markets. The organic growth investments we have made in E-commerce, vending and other areas are offsetting a weak demand environment.”

Key Stats (on next page)…

Revenue increased 11.84% from $569.46 million in the previous quarter. EPS increased 16.67% from $0.90 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.05 to a profit $1.01. For the current year, the average estimate has moved down from a profit of $3.98 to a profit of $3.88 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]