Monro (NASDAQ:MNRO) Releases Earnings Results, Misses Estimates By $0.13 EPS

Monro (NASDAQ:MNRO) posted its quarterly earnings results on Thursday. The auto parts company reported $0.21 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 business had revenue of $310.08 million for the quarter, compared to analyst estimates of $320.16 million. During the same period last year, the firm posted $0.08 EPS. Monro’s quarterly revenue was down .2% on a year-over-year basis.

Monro Price Performance

Monro stock opened at $22.89 on Friday. Monro has a 52 week low of $22.72 and a 52 week high of $44.11. The stock has a fifty day moving average of $28.82 and a 200-day moving average of $29.83. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.23 and a current ratio of 0.56. The stock has a market capitalization of $684.41 million, a P/E ratio of 21.39, a price-to-earnings-growth ratio of 1.03 and a beta of 1.14.

Monro Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 18th. Stockholders of record on Tuesday, June 4th will be issued a dividend of $0.28 per share. The ex-dividend date of this dividend is Tuesday, June 4th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.89%. Monro’s dividend payout ratio (DPR) is currently 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.