Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for MSC Industrial due to lower revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - MSC Industrial is expected to report quarterly earnings of $1.03 per share, reflecting a year-over-year decrease of 22.6%, with revenues projected at $970.15 million, down 0.9% from the previous year [3]. - The consensus EPS estimate has been revised 1.08% higher in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP of +1.94% indicates a likelihood of beating the consensus EPS estimate, supported by a Zacks Rank of 2 [12]. - Historical performance shows that MSC Industrial has beaten consensus EPS estimates in two out of the last four quarters, with a recent surprise of +5.88% [13][14]. Market Reaction - The upcoming earnings report on July 1 could lead to stock price increases if results exceed expectations, while missing estimates may result in a decline [2]. - The sustainability of any immediate price changes will depend on management's discussion of business conditions during the earnings call [2].