Monro (MNRO) to Release Quarterly Earnings on Wednesday

Monro (NASDAQ:MNRO) is scheduled to announce its earnings results before the market opens on Wednesday, July 31st. Parties interested in listening to the company’s conference call can do so using this link.

Monro (NASDAQ:MNRO) last issued its earnings results on Thursday, May 23rd. The auto parts company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.13). The company had revenue of $310.08 million during the quarter, compared to analysts’ expectations of $320.16 million. Monro had a net margin of 2.94% and a return on equity of 6.25%. The firm’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.08 earnings per share. On average, analysts expect Monro to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Monro Trading Down 3.0 %

Shares of MNRO stock opened at $25.51 on Tuesday. The company has a current ratio of 0.56, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54. Monro has a twelve month low of $21.00 and a twelve month high of $37.22. The company’s 50-day moving average price is $23.93 and its 200-day moving average price is $28.02. The stock has a market cap of $763.26 million, a price-to-earnings ratio of 21.62, a PEG ratio of 2.45 and a beta of 1.12.

Monro Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 18th. Shareholders of record on Tuesday, June 4th were issued a $0.28 dividend. The ex-dividend date was Tuesday, June 4th. This represents a $1.12 annualized dividend and a yield of 4.39%. Monro’s payout ratio is 94.92%.

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.