MSC Industrial Direct updates Q3 2024 EPS guidance to 1.320-1.340 and revenue to $978-980M, below consensus estimates.
MSC Industrial Direct (NYSE:MSM) announced updated third quarter 2024 earnings guidance, projecting EPS of 1.320-1.340 compared to consensus EPS estimate of 1.550. Revenue guidance was set at $978.0 million-$980.0 million, compared to the consensus revenue estimate of $1.0 billion. The company's current stock price is $75.84, with a market cap of $4.27 billion, a P/E ratio of 13.62, and a beta of 0.89.
June 16, 2024
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