Monro Inc reports results for the quarter ended in June - Earnings Summary

Monro

27/07/2022 14:33

* Monro Inc  MNRO.OQ  reported quarterly adjusted earnings
of 42
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
32 cents per share.
    * Revenue rose 2.3% to $349.54 million from a year ago;
analysts
expected $343.51 million. 
    * Monro Inc's reported EPS for the quarter was 37 cents​.
    * The mean earnings estimate of analysts had fallen by
about 44.3%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Monro Inc shares had risen by 6.8% this quarter and
lost 21.4%
so far this year.
    * The company reported quarterly net income of $12.48
million.
    * Wall Street's median 12-month price target for Monro Inc
is
$42.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 27
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.32           0.42           Beat
 Mar. 31 2022      0.46           0.20           Missed
 Dec. 31 2021      0.52           0.49           Missed
 Sep. 30 2021      0.55           0.62           Beat