Monro (NASDAQ:MNRO) Posts Earnings Results, Misses Expectations By $0.13 EPS

Monro (NASDAQ:MNRO) issued its quarterly earnings data on Thursday. The auto parts company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.13), Briefing.com reports. Monro had a return on equity of 5.59% and a net margin of 2.68%. The company had revenue of $310.08 million for the quarter, compared to analysts’ expectations of $320.16 million. During the same period last year, the company posted $0.08 EPS. The business’s revenue for the quarter was down .2% on a year-over-year basis.

Monro Stock Performance

NASDAQ:MNRO opened at $22.89 on Friday. The stock has a market cap of $684.41 million, a P/E ratio of 21.39, a PEG ratio of 1.03 and a beta of 1.14. The company has a quick ratio of 0.23, a current ratio of 0.56 and a debt-to-equity ratio of 0.54. The business’s 50-day moving average price is $28.82 and its two-hundred day moving average price is $29.83. Monro has a twelve month low of $22.72 and a twelve month high of $44.11.

Monro Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 18th. Investors of record on Tuesday, June 4th will be given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 4.89%. The ex-dividend date of this dividend is Tuesday, June 4th. Monro’s payout ratio is 104.67%.

Monro Company Profile

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.