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MSC Industrial Managing The Downturn
2016-01-07 19:45:14| Industrial Machines - Topix.net
Careful cost containment and restrained marketing spending is keeping margins stable and MSC's relative performance suggests meaningful share gains during this downturn . "Housekeeping" items boosts the fair value back over $70, but investors will have to have the patience to hold through the downturn.
Tags: industrial
managing
msc
downturn
MSC Industrial Direct (MSM) Erik Gershwind on Q1 2016 Results - Earnings Call Transcript
2016-01-06 22:50:47| Industrial Machines - Topix.net
Good morning, and welcome to the MSC Industrial Supply Company's First Quarter 2016 Conference Call. All participants will be in listen-only mode.
Tags: results
call
direct
industrial
MSC Industrial sales, net dip on headwind from strong dollar
2016-01-06 17:46:20| Industrial Machines - Topix.net
Melville-based MSC Industrial Direct Co. said Wednesday that both is its fiscal first-quarter sales and net income fell as its manufacturing customers continued to grapple with negative economic factors, including a strong dollar that makes their exports pricier.
Tags: net
sales
strong
industrial
MSC Industrial Direct Co Inc (MSM) Posts Earnings Results, Beats Expectations By $0.02 EPS
2016-01-06 13:46:31| Industrial Machines - Topix.net
MSC Industrial Direct Co Inc announced its quarterly earnings data on Wednesday. The company reported $0.89 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.87 by $0.02, ARN reports.
Tags: results
posts
direct
industrial
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%.
Tags: industrial
supply
shares
msc
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