MSC Industrial (MSM) Q1 Earnings and Revenues Beat Estimates

MSC Industrial (MSM) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $1.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.81%. A quarter ago, it was expected that this distributor of industrial tools and supplies would post earnings of $1.08 per share when it actually produced earnings of $1.03, delivering a surprise of -4.63%.Over t ...