MSC Reports Fiscal 2019 Second Quarter Results
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MSC Industrial (MSM) PT Lowered to $86 at BMO Capital
April 11, 2019 6:52 AM EDTBMO Capital analyst R. Scott Graham lowered the price target on MSC Industrial (NYSE: MSM) to $86.00 (from $90.00) while maintaining a Market Perform rating following Q2 miss.
Lowering organic sales estimates: to +4% and +6% from +7% and +8% in F3Q19 and F4Q19, and to +6% and +4% from +7% and +5% in F20 and F21.... MoreMSC Industrial (MSM) Misses Q2 EPS by 2c, Offers Q3 Guidance
April 10, 2019 6:31 AM EDTMSC Industrial (NYSE: MSM) reported Q2 EPS of $1.24, $0.02 worse than the analyst estimate of $1.26. Revenue for the quarter came in at $823 million versus the consensus estimate of $828.15 million.
GUIDANCE:
MSC Industrial sees Q3 2019 EPS of $1.46-$1.52, versus the consensus of... More
