MSC Industrial Direct Company Inc. Profit Falls In Q2

(RTTNews) - MSC Industrial Direct Company Inc. (MSM) announced a profit for second quarter that dropped from last year.

The company's earnings totaled $68.42 million, or $1.24 per share. This compares with $117.55 million, or $2.06 per share, in last year's second quarter.

The company's revenue for the quarter rose 7.0% to $823.00 million from $768.99 million last year.

MSC Industrial Direct Company Inc. earnings at a glance:

-Earnings (Q2): $68.42 Mln. vs. $117.55 Mln. last year. -EPS (Q2): $1.24 vs. $2.06 last year. -Revenue (Q2): $823.00 Mln vs. $768.99 Mln last year.

-Guidance: Next quarter EPS guidance: $1.46 - $1.52 Next quarter revenue guidance: $874 - $891 Mln