MSC Industrial Direct Co Inc (NYSE: MSM) is expected to earn $0.98 per share for quarter ended May 13. Estimates from Wall Street analysts ranged from as low as $0.92 per share to as high as $1.00 per share. For the same quarter last year, the company earned $1.10 per share. Revenues are expected to come in at $637.07M. Shares of MSC Industrial Direct Co Inc traded higher by 0.66% or $0.51/share to $77.97. In the past year, the shares have traded as low as $61.39 and as high as $87.92. On average, 392384 shares of MSM exchange hands on a given day and today's volume is recorded at 308076. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $80.56 area where the stock may encounter resistance.
