Preview: MSC Industrial Direct Co's Earnings
Portfolio Pulse from Benzinga Insights
MSC Industrial Direct Co (NYSE:MSM) is set to release its latest quarterly earnings report on June 29, 2023. Analysts estimate an earnings per share (EPS) of $1.75. The company's past performance shows a trend of beating EPS estimates, which has generally led to an increase in share price. The stock is currently trading at $97.0, up 29.0% over the last 52-week period.
June 28, 2023 | 2:01 pm
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POSITIVE IMPACT
MSC Industrial Direct Co is expected to report an EPS of $1.75 for Q2 2023. The company has a history of beating EPS estimates, which has generally led to a share price increase. The stock is currently trading at $97.0, up 29.0% over the last 52 weeks.
The company's history of beating EPS estimates and the positive trend in its stock price over the last 52 weeks suggest a positive short-term impact on the stock. However, the actual impact will depend on whether the company meets or exceeds the EPS estimate and the guidance it provides for the next quarter.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100