MSC Industrial Direct Company Inc. Profit Climbs In Q1

(RTTNews) - MSC Industrial Direct Company Inc. (MSM) released earnings for its first quarter that climbed from the same period last year.

The company's earnings totaled $74.23 million, or $1.33 per share. This compares with $59.59 million, or $1.05 per share, in last year's first quarter.

Analysts had expected the company to earn $1.33 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.2% to $831.60 million from $768.56 million last year.

MSC Industrial Direct Company Inc. earnings at a glance:

-Earnings (Q1): $74.23 Mln. vs. $59.59 Mln. last year. -EPS (Q1): $1.33 vs. $1.05 last year. -Analysts Estimate: $1.33 -Revenue (Q1): $831.60 Mln vs. $768.56 Mln last year.

-Guidance: Next quarter EPS guidance: $1.22 - $1.28 Next quarter revenue guidance: $817 - $833 Mln