Investing.com - MSC Industrial Direct reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
MSC Industrial Direct announced earnings per share of $1.79 on revenue of $1.02. Analysts polled by Investing.com EPS of $1.78 on revenue of $1.01B.
MSC Industrial Direct 's are down 7.8% and is trading at $77.50 , still down 11.92% from its 52 week high of $87.99 set on Wednesday, April 20, 2022.
MSC Industrial Direct follows other major Industrials sector earnings this month
MSC Industrial Direct's report follows an earnings missed by Lockheed Martin on Tuesday, July 19, 2022, who reported EPS of $1.16 on revenue of $15.45B, EPS of $1.88 on revenue of $15.98B.
ABB ADR had missed expectations on Thursday with third quarter EPS of $0.19 on revenue of $7.41B, for EPS of $0.38 on revenue of $7.39B.
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