MSC Industrial Direct Company Inc. Announces Advance In Q4 Bottom Line

(RTTNews) - MSC Industrial Direct Company Inc. (MSM) reported a profit for its fourth quarter that advanced from the same period last year.

The company's profit came in at $73.02 million, or $1.29 per share. This compares with $60.75 million, or $1.07 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.2% to $837.99 million from $753.77 million last year.

MSC Industrial Direct Company Inc. earnings at a glance:

-Earnings (Q4): $73.02 Mln. vs. $60.75 Mln. last year. -EPS (Q4): $1.29 vs. $1.07 last year. -Analysts Estimate: $1.29 -Revenue (Q4): $837.99 Mln vs. $753.77 Mln last year.

-Guidance: Next quarter EPS guidance: $1.29 - $1.35 Next quarter revenue guidance: $803 - $819 Mln