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 and is now down 3.58 at $79.60. The stock has fallen to a 2-month low.
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