MSC Reports Fiscal 2020 Fourth Quarter And Full Year Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/28/2026
- S&P 500 ends lower; chips tumble and Moderna rallies
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
MSC Industrial (MSM) Tops Q4 EPS by 13c, Revenues Miss
October 27, 2020 6:34 AM EDTMSC Industrial (NYSE: MSM) reported Q4 EPS of $1.09, $0.13 better than the analyst estimate of $0.96. Revenue for the quarter came in at $747.7 million versus the consensus estimate of $750.72 million.
FISCAL Q4 2020 HIGHLIGHTS
Net sales of $747.7 million, a decrease of 11.3% YoY (12.7% decrease on an ADS basis)Operating income of $72.9 million, or $84.1 million excluding restructuring and related costs of $11.2 million*Operating margin of 9.8%, or 11.2% excluding restructuring and other related costs*Diluted EPS of $0.94 vs. $1.20 in the prior year... More