Monro, Inc. (NASDAQ:MNRO) is reporting first quarter earnings results on Wednesday 29th July 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.21 per share.
For the full year, analysts predict revenues of $ 1170.95 million, while looking forward to income of $ 0.92 per share.
Previous Quarter Performance
Monro, Inc. unveiled income for the fourth quarter of $ 0.08 per share, from the revenue of $ 286.07 million. The quarterly earnings lowered 84.00 percent while revenues declined 0.39 percent compared with the same quarter last year.
Street analysts expected Monro, Inc. to report income of $ 0.22 per share on revenue of $ 286.10 million for the fourth quarter. The bottom line results missed street analysts by $ 0.14 or 63.64 percent, at the same time, top line results fell short of analysts by $ 0.03 million or 0.01 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of MNRO was $ 61.11, representing a 64.76 % increase from the 52 week low of $ 37.09 and a 30.24 % decrease over the 52 week high of $ 87.60.
The company has a market capital of $ 2.03 billion and is part of the Consumer Cyclical sector and Auto Parts industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.22 per share on May 28, 2020. The dividend were payable on June 22, 2020 to holders of record as of the close of business on June 8, 2020 and ex-dividend date on June 5, 2020.
Conference Call
Monro, Inc. will be hosting a conference call at 8:30 AM eastern time on 29th July 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.monro.com
Monro, Inc. provides automotive undercar repair, and tire sales and services in the United States. The company offers range of services on passenger cars, light trucks, and vans for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment.
