MELVILLE, N.Y. (AP) _ MSC Industrial Direct Co. (MSM) on Wednesday reported fiscal second-quarter earnings of $55.5 million.

On a per-share basis, the Melville, New York-based company said it had net income of $1.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share.

The distributor of industrial tools and supplies posted revenue of $786.1 million in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $787.6 million.

MSC Industrial shares have declined 26% since the beginning of the year. The stock has declined 31% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSM at https://www.zacks.com/ap/MSM

Automated Insights, source Associated Press News