MSC Reports Fiscal 2018 Third Quarter Results
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MSC Industrial (MSM) Misses Q3 EPS by 1c, Revenues Miss; Offers 4Q EPS/Revenue Outlook Below Consensus
July 11, 2018 6:48 AM EDTMSC Industrial (NYSE: MSM) reported Q3 EPS of $1.39, $0.01 worse than the analyst estimate of $1.40. Revenue for the quarter came in at $828.3 million versus the consensus estimate of $832.27 million.
Fiscal Q3 2018 Highlights
Net sales of $828.3 million, an 11.3% YoY increase, with approximately 500 basis points of acquisitive growthOperating income of $115.4 million, an increase of approximately 13.4%... More