MSC Industrial Direct Co Q4 EPS $1.64 Beats $1.62 Estimate, Sales $1.03B Beat $1.01B Estimate
Portfolio Pulse from Benzinga Newsdesk
MSC Industrial Direct Co (NYSE:MSM) reported Q4 earnings of $1.64 per share, beating the analyst consensus estimate of $1.62 by 1.23 percent. This is a decrease of 8.38 percent from the same period last year. The company also reported quarterly sales of $1.03 billion, beating the analyst consensus estimate of $1.01 billion by 2.48 percent, a 1.27 percent increase from the same period last year.
October 25, 2023 | 10:32 am
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POSITIVE IMPACT
MSC Industrial Direct Co's Q4 earnings and sales beat estimates, which could positively impact the stock in the short term.
MSC Industrial Direct Co reported better than expected Q4 earnings and sales. This positive financial performance could increase investor confidence and demand for the stock, potentially driving its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100