MSC Industrial Direct (MSM) reported second quarter adjusted EPS of $0.90 Wednesday morning, down from $0.95 a year ago. The consensus estimate was for EPS of $0.90. Third quarter adjusted EPS is expected to be between $0.95 and $0.99. The consensus estimate is for EPS of $1.11.
MSC Industrial Direct gapped open sharply lower Wednesday, but traded in a range for the majority of the session. The stock closed down by 3.29 at $79.89 on above average volume and fell to a 2-month low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.