MSC Announces Plan to Launch Self-Tender Offer and Related Stock Repurchase for up to $390 Million of its Common Stock

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MSC Industrial (MSM) Tops Q3 EPS by 5c; Guides Q4 EPS

July 6, 2016 6:45 AM EDT

MSC Industrial (NYSE: MSM) reported Q3 EPS of $1.05, $0.05 better than the analyst estimate of $1.00. Revenue for the quarter came in at $727.5 million versus the consensus estimate of $734.18 million.

GUIDANCE:

MSC Industrial sees Q4 2016 EPS of $0.96-$1.00, versus the consensus of... More