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MSC Industrial Direct Company Inc. Profit Climbs In Q1

MSC Industrial Direct Company Inc. (MSM) released earnings for its first quarter that climbed from the same period last year.

The company's earnings totaled $74.23 million, or $1.33 per share. This compares with $59.59 million, or $1.05 per share, in last year's first quarter.

Analysts had expected the company to earn $1.33 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.2% to $831.60 million from $768.56 million last year.

MSC Industrial Direct Company Inc. earnings at a glance:

-Earnings (Q1): $74.23 Mln. vs. $59.59 Mln. last year.
-EPS (Q1): $1.33 vs. $1.05 last year.
-Analysts Estimate: $1.33
-Revenue (Q1): $831.60 Mln vs. $768.56 Mln last year.

-Guidance:
Next quarter EPS guidance: $1.22 - $1.28
Next quarter revenue guidance: $817 - $833 Mln

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