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How To Earn $500 A Month From MSC Industrial Stock Ahead Of Q3 Earnings

MSC Industrial Direct Co., Inc. (NYSE:MSM) is set to release earnings results for its third quarter, before the opening bell on Tuesday, July 2. Analysts expect the Beaverton, Oregon-based company to report quarterly earnings at $1.34 per share, down from $1.74 per share in the year-ago period. MSC Industrial is projected to post revenue of $982.22 million for the quarter, according to data from Benzinga Pro. On June 17, Loop Capital analyst Chris Dankert downgraded MSC Industrial Direct from Buy to Hold, while Keybanc analyst Ken Newman downgraded the stock from Overweight to Sector Weight. With the recent buzz around MSC Industrial, some investors may be eyeing potential gains from the company's dividends too. As of now, MSC Industrial offers an annual dividend yield of 4.26%. That’s a quarterly dividend amount of 83 ...