Monro's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Monro (NASDAQ:MNRO) is expected to release its quarterly earnings report on January 24, 2024, with an estimated EPS of $0.39. Investors are looking for an earnings beat and positive guidance for the next quarter. Monro's stock performance has been negative over the past year, with shares down 40.38%. The company's past earnings performance shows mixed results with both beats and misses, and the stock price has generally reacted negatively the following day.
January 23, 2024 | 5:01 pm
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Monro is set to report earnings with an estimated EPS of $0.39. Past performance shows mixed results, and shares are down 40.38% over the last year. Investors will focus on earnings beat and future guidance.
The estimated EPS of $0.39 sets a benchmark for Monro's performance. Historical data shows that even with an earnings beat, the stock price can react negatively. The 40.38% decline in share price over the past year indicates a bearish sentiment, but positive guidance could counteract this trend. The score is neutral (0) due to the uncertainty of market reaction to earnings reports and guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100