Analysts Estimate Monro Muffler Brake (MNRO) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - Monro Muffler Brake (MNRO) is anticipated to report a year-over-year decline in earnings due to lower revenues in its upcoming quarterly results for December 2024 [1] Earnings Expectations - The consensus estimate for Monro's quarterly earnings is $0.28 per share, reflecting a year-over-year decrease of 28.2% [3] - Expected revenues are projected at $310.48 million, which is a decline of 2.3% compared to the same quarter last year [3] Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 0.85%, indicating a reassessment by analysts [4] - The Most Accurate Estimate for Monro is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +1.20% [10][11] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [8] - Monro currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat despite the positive Earnings ESP [11] Historical Performance - In the last reported quarter, Monro was expected to post earnings of $0.25 per share but only achieved $0.17, resulting in a surprise of -32% [12] - The company has not beaten consensus EPS estimates in any of the last four quarters [13] Conclusion - Monro does not appear to be a compelling candidate for an earnings beat, and investors should consider other factors when making decisions regarding this stock ahead of its earnings release [16]