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

Monro

26/07/2023 14:33

* Monro Inc  MNRO.OQ  reported quarterly adjusted earnings
of 31
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
38 cents per share.
    * Revenue fell 6.5% to $326.97 million from a year ago;
analysts
expected $332.39 million. 
    * Monro Inc's reported EPS for the quarter was 28 cents​.
    * The mean earnings estimate of analysts had fallen by
about 10.7%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Monro Inc shares had fallen by 3.5% this quarter and
lost 13.3%
so far this year.
    * The company reported quarterly net income of $8.83
million.
    * Wall Street's median 12-month price target for Monro Inc
is
$41.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
26 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.38           0.31           Missed
 Mar. 31 2023      0.31           0.08           Missed
 Dec. 31 2022      0.43           0.43           Met
 Sep. 30 2022      0.45           0.43           Missed