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

Monro

18/05/2023 14:31

* Monro Inc  MNRO.OQ  reported quarterly adjusted earnings
of 8
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
31 cents per share.
    * Revenue fell 5.2% to $310.84 million from a year ago;
analysts
expected $313.75 million. 
    * Monro Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Monro Inc shares had fallen by 1.0% this quarter and
gained 8.3%
so far this year.
    * The company reported quarterly net income of $409
thousand.
    * Wall Street's median 12-month price target for Monro Inc
is
$43.50 
    * 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 May
18 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.32           0.42           Beat