Monro Inc expected to post earnings of 38 cents a share - Earnings Preview
24/07/2023 19:31
* Monro Inc MNRO.OQ MNRO.O is expected to show a fall in
quarterly revenue when it reports results on July 26.
* The Rochester New York-based company is expected to
report a
4.9% decrease in revenue to $332.392 million from $349.54
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on May
18 2023, for the period ended June 30, was for revenue between
$330.00 million and $335.00 million.
* Refinitiv's mean analyst estimate for Monro Inc is for
earnings
of 38 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Monro Inc
is
$41.5, above its last closing price of $38.80.
The company's guidance on May 18 2023 for the period ended June
30 was for gross profit margin between USD35.8% and USD36.2%.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM REFINITIV ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT IBES MET, SE %
E® ESTIMATE MISSED
Mar. 31 2023 0.32 0.31 0.08 Missed -74.4
Dec. 31 2023 0.43 0.43 0.43 Met -0.6
Sep. 30 2022 0.45 0.45 0.43 Missed -4.9
Jun. 30 2022 0.33 0.32 0.42 Beat 29.6
Mar. 0.46 0.46 0.20 Missed -56.4
31 2022
Dec. 31 2021 0.53 0.52 0.49 Missed -6
Sep. 30 2021 0.55 0.55 0.62 Beat 12.5
Jun. 30 2021 0.51 0.51 0.55 Beat 7.2
This summary was machine generated July 24 at 18:31 GMT. All
figures in US dollars unless otherwise stated