BUZZ-MSC Industrial jumps after Q3 earnings beat estimates
MSC Industrial Direct Co., Inc. Class A
MSC Industrial Direct Co., Inc. Class A MSM | 0.00 |
** Industrial equipment supplier MSC Industrial's MSM.N shares jump 4% to $123.72 in premarket trading
** Stock set to open at record high if gains hold
** Co beat Q3 sales and adjusted EPS estimates, helped by pricing and volume strength
** Q3 adjusted EPS of $1.43 exceeded estimates of $1.27, while sales of $1.05 billion also beat estimates of $1.03 billion, according to data compiled by LSEG
** Co has outpaced adjusted EPS estimates for six out of the last seven quarters, according to LSEG-compiled data
** Up to last close, MSM up 41.4% YTD
