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MSC Industrial Direct Company Inc. Announces Rise In Q3 Bottom Line

MSC Industrial Direct Company Inc. (MSM) reported a profit for its third quarter that rose from the same period last year.

The company's earnings totaled $79.1 million, or $1.39 per share. This compares with $62.8 million, or $1.09 per share, in last year's third quarter.

Analysts had expected the company to earn $1.39 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.3% to $828.3 million from $743.9 million last year.

MSC Industrial Direct Company Inc. earnings at a glance:

-Earnings (Q3): $79.1 Mln. vs. $62.8 Mln. last year.
-EPS (Q3): $1.39 vs. $1.09 last year.
-Analysts Estimate: $1.39
-Revenue (Q3): $828.3 Mln vs. $743.9 Mln last year.

-Guidance:
Next quarter EPS guidance: $1.24 - $1.30
Next quarter revenue guidance: $829 - $844 Mln

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