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MSC Industrial (MSM) Q3 Earnings and Revenues Beat Estimates

MSC Industrial (MSM) came out with quarterly earnings of 1.08pershare,beatingtheZacksConsensusEstimateof1.08 per share, beating the Zacks Consensus Estimate of 1.03 per share. This compares to earnings of 1.33pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+4.851.33 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +4.85%. A quarter ago, it was expected that this distributor of industrial tools and supplies would post earnings of 0.68 per share when it actually produced earnings of $0.72, delivering a surprise of +5.88%.Over t ...