MSC Industrial Direct Company Inc. Profit Advances In Q3

(RTTNews) - MSC Industrial Direct Company Inc. (MSM) revealed a profit for its third quarter that climbed from last year.

The company's profit came in at $79.60 million, or $1.44 per share. This compares with $79.07 million, or $1.39 per share, in last year's third quarter.

Analysts had expected the company to earn $1.50 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.6% to $866.55 million from $828.35 million last year.

MSC Industrial Direct Company Inc. earnings at a glance:

-Earnings (Q3): $79.60 Mln. vs. $79.07 Mln. last year. -EPS (Q3): $1.44 vs. $1.39 last year. -Analysts Estimate: $1.50 -Revenue (Q3): $866.55 Mln vs. $828.35 Mln last year.

-Guidance: Next quarter EPS guidance: $1.21 - $1.27 Next quarter revenue guidance: $835 - $851 Mln