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Can Shares of MSC Industrial Supply Rebound in 2016?

2016-01-04 13:44:00| Industrial Machines - Topix.net

After what was seemingly a disastrous year in 2015, where its shares plummeted 30.74%, against a decline of 0.73% for the S&P 500 For the quarter that ended November, consensus earnings-per-share estimate calls for 87 cents a share on revenue of $708.73 million, translating to declines of 8% and 3%, respectively. For the full year, ending August 2016, earnings are projected to decline 4% to $3.64 a share, while revenue of $2.89 billion implies a decline of 0.6%.

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