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

Monro

25/10/2023 14:33

* Monro Inc  MNRO.OQ  reported quarterly adjusted earnings
of 41
cents​​ per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for earnings of
40 cents per share.
    * Revenue fell 2.3% to $322.09 million from a year ago;
analysts
expected $331.34 million. 
    * Monro Inc's reported EPS for the quarter was 40 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Monro Inc shares had fallen by 11.1% this quarter and
lost 45.4%
so far this year.
    * The company reported quarterly net income of $12.87
million.
    * Wall Street's median 12-month price target for Monro Inc
is
$30.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 25 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.40           0.41           Beat
 Jun. 30 2023      0.38           0.31           Missed
 Mar. 31 2023      0.31           0.08           Missed
 Dec. 31 2022      0.43           0.43           Met