Monro, Inc. (NASDAQ:MNRO) is set to announce second quarter earning results on Wednesday 28th October 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, MNRO to report 2Q21 income of $ 0.29 per share.
For the full year, analysts anticipate top line of $ 1155.62 million, while looking forward to income of $ 1.25 per share bottom line.
Previous Quarter Performance
Monro, Inc. unfold income for the first quarter of $ 0.15 per share, from the revenue of $ 247.06 million. The quarterly earnings down 77.61 percent while revenues contracted 22.08 percent compared with the same quarter last year.
Street analysts expected Monro, Inc. to report loss of $ 0.21 per share on revenue of $ 246.90 million for the first quarter. The bottom line results beat street analysts by $ 0.36 or 171.43 percent, at the same time, top line results outshined analysts by $ 0.16 million or 0.06 percent.
Stock Performance
Shares of Monro, Inc. traded low $ -0.86 or -1.96 percent on Tuesday, reaching $ 43.10 with volume of 266.00 thousand shares. Monro, Inc. has traded high as $ 44.19 and has cracked $ 42.99 on the downward trend
According to the previous trading day, closing price of $ 43.10, representing a 18.52 % increase from the 52 week low of $ 37.09 and a 46.09 % decrease over the 52 week high of $ 81.54.
The company has a market capital of $ 1.43 billion and is part of the Consumer Cyclical sector and Auto Parts industry.
Recent Analyst recommendations
- On 30th September 2020, initiated by Wolfe Research at Peer Perform rating.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.22 per share on August 18, 2020. The dividend were payable on September 8, 2020 to holders of record as of the close of business on August 24, 2020 and ex-dividend date on August 21, 2020.
Conference Call
Monro, Inc. will be hosting a conference call at 8:30 AM eastern time on 28th October 2020, to discuss its 2Q21 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.
