MSM Q1 Earnings Beat, Dips Y/Y on Low Volumes & Higher Expenses

MSC Industrial Direct Company, Inc. (MSM) reported first-quarter fiscal 2025 (ended on Nov. 30, 2024) adjusted earnings per share (EPS) of 86 cents, beating the Zacks Consensus Estimate of 73 cents.The bottom line marked a 31% plunge from earnings of $1.25 in the year-ago quarter. The downfall was attributed to lower sales, higher operating expenses and elevated interest costs. Including one-time items, MSC Industrial reported EPS of 83 cents compared with the year-ago quarter’s $1.22.Find the latest EPS es ...