MSC Industrial Direct Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Dec 30, 2024, 3:49 AM EST1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
The drop in earnings and revenue expectations align negatively for stock growth. An example is a previous drop in share price after weak earnings guidance.
AI summary
What happened, with direct paths to the underlying reporting
MSC expects Q1 earnings of 73 cents, down from $1.25. Projected revenue is $904.59 million, lower than last year's $953.97 million. Dividend of 85 cents per share declared on Dec. 18. MSC shares fell 1.9% to $74.80 before earnings release. Analysts have mixed ratings, with price targets mostly below current levels.
MSC expects Q1 earnings of 73 cents, down from $1.25.
Projected revenue is $904.59 million, lower than last year's $953.97 million.
Dividend of 85 cents per share declared on Dec. 18.
MSC shares fell 1.9% to $74.80 before earnings release.
Analysts have mixed ratings, with price targets mostly below current levels.
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