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Editorial Advisory Board

  • Professor Andrea M. Armani, University of Southern California
  • Ruti Ben-Shlomi, Ph.D., LightSolver
  • James Butler, Ph.D., Hamamatsu
  • Natalie Fardian-Melamed, Ph.D., Columbia University
  • Justin Sigley, Ph.D., AmeriCOM
  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
  • Professor Stephen Sweeney, University of Glasgow
  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Earnings To Watch: MSC Industrial (MSM) Reports Q4 Results Tomorrow

MSM Cover Image

Industrial supplies company MSC Industrial Direct (NYSE: MSM) will be announcing earnings results tomorrow before market hours. Here’s what to expect.

MSC Industrial missed analysts’ revenue expectations by 0.8% last quarter, reporting revenues of $952.3 million, down 8% year on year. It was a slower quarter for the company, with a miss of analysts’ EPS estimates and a slight miss of analysts’ organic revenue estimates.

Is MSC Industrial a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting MSC Industrial’s revenue to decline 5.2% year on year to $904.6 million, a deceleration from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.73 per share.

MSC Industrial Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. MSC Industrial has missed Wall Street’s revenue estimates three times over the last two years.

With MSC Industrial being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unravel for industrial distributors stocks. However, the whole sector has faced a sell-off over the last month with stocks in MSC Industrial’s peer group down 5.7% on average. MSC Industrial is down 5.9% during the same time and is heading into earnings with an average analyst price target of $82 (compared to the current share price of $79.04).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.

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