Monro (MNRO) to Release Quarterly Earnings on Wednesday

Monro (NASDAQ:MNRO - Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.25 per share for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.

Monro (NASDAQ:MNRO - Get Free Report) last released its earnings results on Wednesday, July 31st. The auto parts company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.21. The company had revenue of $293.20 million during the quarter, compared to the consensus estimate of $293.70 million. Monro had a return on equity of 5.90% and a net margin of 2.78%. Monro's revenue was down 10.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.31 EPS. On average, analysts expect Monro to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Monro Trading Up 0.4 %

NASDAQ:MNRO traded up $0.11 on Wednesday, reaching $27.43. 13,633 shares of the company's stock were exchanged, compared to its average volume of 516,449. The business has a fifty day moving average of $26.99 and a 200-day moving average of $26.22. The company has a quick ratio of 0.25, a current ratio of 0.59 and a debt-to-equity ratio of 0.55. Monro has a 52-week low of $21.00 and a 52-week high of $33.98. The firm has a market capitalization of $820.73 million, a price-to-earnings ratio of 23.15, a price-to-earnings-growth ratio of 1.83 and a beta of 1.11.

Monro Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Tuesday, August 27th were paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 4.08%. The ex-dividend date was Tuesday, August 27th. Monro's payout ratio is currently 94.92%.

Wall Street Analysts Forecast Growth

Separately, Stephens began coverage on shares of Monro in a research note on Tuesday, October 15th. They issued an "equal weight" rating and a $31.00 price target for the company.

About Monro

Monro, Inc provides automotive undercar repair, and tire sales and services in the United States. It offers replacement tires and tire related services, automotive undercar repair services, and routine maintenance services primarily to passenger cars, light trucks, and vans. The company also provides other products and services for brakes; mufflers and exhaust systems; and steering, drive train, suspension, and wheel alignment.