MSC Industrial Direct Company Inc. Earnings Rise 4% In Q4

(RTTNews) - MSC Industrial Direct Company Inc. (MSM) announced a profit for its fourth quarter that rose compared to the same period last year.

The company said its bottom line climbed to $61.8 million, or $1.02 per share. This was higher than $59.2 million, or $0.96 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.98 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.4% to $745.1 million. This was up from $727.4 million last year.

MSC Industrial Direct Company Inc. earnings at a glance:

-Earnings (Q4): $61.8 Mln. vs. $59.2 Mln. last year. -Earnings Growth (Y-o-Y): 4.4% -EPS (Q4): $1.02 vs. $0.96 last year. -EPS Growth (Y-o-Y): 6.2% -Analysts Estimate: $0.98 -Revenue (Q4): $745.1 Mln vs. $727.4 Mln last year. -Revenue Change (Y-o-Y): 2.4%

-Guidance: Next quarter EPS guidance: $0.90 - $0.94. Next quarter revenue guidance: $676 - $688 Mln