MSC Industrial (MSM) Q4 Earnings and Revenues Lag Estimates

MSC Industrial (MSM) came out with quarterly earnings of $1.03 per share, missing the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.63%. A quarter ago, it was expected that this distributor of industrial tools and supplies would post earnings of $1.33 per share when it actually produced earnings of $1.33, delivering no surprise.Over the last f ...