Monro (NASDAQ:MNRO) Issues FY20 Earnings Guidance
Monro (NASDAQ:MNRO) issued an update on its FY20 earnings guidance on Thursday morning. The company provided EPS guidance of $2.55-2.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.65. The company issued revenue guidance of $1.285-1.315 billion, compared to the consensus revenue estimate of $1.31 billion.
MNRO traded down $0.13 on Friday, hitting $82.86. 364,756 shares of the company were exchanged, compared to its average volume of 378,306. The company has a quick ratio of 0.32, a current ratio of 0.93 and a debt-to-equity ratio of 0.81. The business has a fifty day moving average price of $84.44. Monro has a fifty-two week low of $60.78 and a fifty-two week high of $89.72. The firm has a market capitalization of $2.75 billion, a price-to-earnings ratio of 34.82, a P/E/G ratio of 2.40 and a beta of 0.78.
Monro (NASDAQ:MNRO) last released its quarterly earnings results on Thursday, July 25th. The auto parts company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.66 by $0.02. The business had revenue of $317.10 million for the quarter, compared to analyst estimates of $320.60 million. Monro had a net margin of 6.69% and a return on equity of 12.01%. The company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.64 earnings per share. On average, sell-side analysts predict that Monro will post 2.64 earnings per share for the current fiscal year.
Monro Company Profile
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. It also provides other products and services, including tires and routine maintenance services, including state inspections.
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