India, July 1 -- MSC Industrial Direct Company Inc. (MSM) reported a profit for third quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings came in at $56.8 million, or $1.02 per share. This compares with $71.7 million, or $1.27 per share, last year.
Excluding items, MSC Industrial Direct Company Inc. reported adjusted earnings of $60.2 million or $1.08 per share for the period.
Analysts on average had expected the company to earn $1.03 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 0.8% to $971.1 million from $979.4 million last year.
MSC Industrial Direct Company Inc. earnings at a glance (GAAP) :
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