MSC Reports Fiscal 2016 Fourth Quarter And Full Year Results

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MSC Industrial (MSM) Tops Q4 EPS by 4c

November 1, 2016 6:49 AM EDT

MSC Industrial (NYSE: MSM) reported Q4 EPS of $1.02, $0.04 better than the analyst estimate of $0.98. Revenue for the quarter came in at $745.1 million versus the consensus estimate of $735.16 million.

GUIDANCE:

MSC Industrial sees Q1 2017 EPS of $0.90-$0.94, versus the consensus of $0.94. MSC Industrial sees Q1 2017 revenue of $676-688 million, versus the consensus of $694.44 million.

Erik Gershwind, president and chief executive officer, said,... More