Monro (NASDAQ:MNRO – Get Free Report) issued its earnings results on Wednesday. The auto parts company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.21, Briefing.com reports. The company had revenue of $293.20 million during the quarter, compared to analysts’ expectations of $293.70 million. Monro had a return on equity of 5.90% and a net margin of 2.78%. Monro’s quarterly revenue was down 10.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.31 EPS.
Monro Trading Down 0.3 %
MNRO traded down $0.09 during midday trading on Friday, reaching $28.93. 632,316 shares of the company’s stock traded hands, compared to its average volume of 613,003. The firm has a fifty day moving average of $24.25 and a two-hundred day moving average of $28.04. The stock has a market capitalization of $865.59 million, a price-to-earnings ratio of 24.52, a P/E/G ratio of 2.71 and a beta of 1.12. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.59 and a quick ratio of 0.22. Monro has a 52 week low of $21.00 and a 52 week high of $36.31.
Monro Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 18th. Shareholders of record on Tuesday, June 4th were given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date of this dividend was Tuesday, June 4th. Monro’s payout ratio is 94.92%.
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.
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