MSC Industrial Direct Co., Inc. (NYSE:MSM) will release earnings results for the third quarter, before the opening bell on Tuesday, July 1.
Analysts expect the Melville, New York-based company to report quarterly earnings at $1.03 per share, down from $1.33 per share in the year-ago period. MSC Industrial Direct projects to report quarterly revenue of $969.19 million, compared to $979.35 million a year earlier, according to data from Benzinga Pro.
On April 3, the company said second-quarter net sales declined 4.7% year-over-year to $891.7 million, missing the consensus of $899.54 million.
MSC Industrial Direct shares gained 3.5% to close at $84.77 on Thursday.
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