MSC Industrial Direct Co Q4 2024 Adj. EPS $1.03 Misses $1.08 Estimate, Sales $952.300M Miss $959.726M Estimate
Portfolio Pulse from Benzinga Newsdesk
MSC Industrial Direct Co reported Q4 2024 earnings of $1.03 per share, missing the analyst estimate of $1.08. Sales were $952.3M, below the expected $959.726M. Both earnings and sales decreased compared to the same period last year.
October 24, 2024 | 10:32 am
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NEGATIVE IMPACT
MSC Industrial Direct Co's Q4 2024 earnings and sales missed analyst estimates, with a significant year-over-year decline in both metrics.
The company's earnings per share and sales both missed analyst expectations, which is likely to negatively impact the stock price in the short term. The significant year-over-year decline in both earnings and sales further exacerbates the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100