Monro Muffler Brake
The 10-second takeaway
For the quarter ended Sep. 29 (Q2), Monro Muffler Brake missed estimates on revenues and missed estimates on earnings per share.
Compared to the prior-year quarter, revenue grew slightly and GAAP earnings per share dropped significantly.
Margins dropped across the board.
Monro Muffler Brake chalked up revenue of $176.5 million. The seven analysts polled by S&P Capital IQ hoped for sales of $183.2 million on the same basis. GAAP reported sales were 1.9% higher than the prior-year quarter's $173.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.36. The eight earnings estimates compiled by S&P Capital IQ predicted $0.37 per share. GAAP EPS of $0.36 for Q2 were 23% lower than the prior-year quarter's $0.47 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 39.6%, 160 basis points worse than the prior-year quarter. Operating margin was 11.2%, 330 basis points worse than the prior-year quarter. Net margin was 6.5%, 220 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $196.3 million. On the bottom line, the average EPS estimate is $0.45.
Next year's average estimate for revenue is $735.9 million. The average EPS estimate is $1.54.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 77 members out of 88 rating the stock outperform, and 11 members rating it underperform. Among 21 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 19 give Monro Muffler Brake a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Monro Muffler Brake is outperform, with an average price target of $36.80.
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