Monro Q4 Adj $0.21 Misses $0.30 Estimate, Sales $310.08M Miss $320.24M Estimate
Portfolio Pulse from Benzinga Newsdesk
Monro (NASDAQ:MNRO) reported Q4 earnings of $0.21 per share, missing the analyst estimate of $0.30. Sales were $310.08 million, also below the $320.24 million estimate. Despite the miss, earnings increased 162.5% year-over-year.
May 23, 2024 | 11:34 am
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Monro reported Q4 earnings of $0.21 per share, missing the $0.30 estimate. Sales were $310.08 million, below the $320.24 million estimate. Despite the miss, earnings increased 162.5% year-over-year.
Monro's Q4 earnings and sales both missed analyst estimates, which is likely to negatively impact the stock price in the short term. However, the significant year-over-year earnings increase may provide some support.
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IMPORTANCE 80
RELEVANCE 100