Monro Muffler Brake Inc (MNRO) Releases Earnings Results, Misses Expectations By $-0.02 EPS

Monro Muffler Brake Inc (MNRO) reported quarterly earnings results on Thursday, May-19-2016. The company reported $0.42 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $0.44. The company posted revenue of $229.03 million in the period, compared to analysts expectations of $239.42 million. The company’s revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.

Monro Muffler Brake Inc closed down -1.34 points or -1.91% at $68.88 with 3,16,790 shares getting traded on Monday. Post opening the session at $70.6, the shares hit an intraday low of $68.215 and an intraday high of $70.62 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Feb 22, 2016, Amico Catherine D (Executive V.P. Finance) sold 13,000 shares at $65.00 per share price. According to the SEC, on Feb 18, 2016, Christopher R Hoornbeck (Divisional Vice President) sold 140 shares at $66.77 per share price. On Feb 17, 2016, Raymond L Pickens (Divisional Vice President) sold 1,205 shares at $63.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Monro Muffler Brake Inc. is engaged in the provision of automotive undercar repair and tire services in the United States. The Company provides a range of services on passenger cars light trucks and vans for brakes; mufflers and exhaust systems and steering drive train suspension and wheel alignment. As of March 28 2015 the Company operated a chain of 999 Company-operated stores one franchised location and 14 dealer-operated stores. It also provides other products and services including tires and routine maintenance services including state inspections. The Company is also engaged in repair and replacement of parts. The Company’s store provides a range of undercar repair services for brakes steering mufflers and exhaust systems drive train suspension and wheel alignment as well as tire replacement and service. These services apply to all makes and models of domestic and foreign cars light trucks and vans.

Monro Muffler Brake Inc

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