Monro (MNRO/ranked #8) will report first quarter earnings tomorrow before the open and host their conference call at 11:00am (eastern.) Zack’s consensus of one analyst calls for EPS of $0.47, and $0.51 next quarter. In fiscal year (FY) 2007 (ending in March,) the consensus estimate calls for $1.72 and in FY 2008, the street looks for $2.05

Our thoughts: We estimate $0.46, and $0.53 next quarter. For FY07 and FY08, we estimate $1.66 and $1.83, respectively (snapshot of earnings in Think Pieces Section titled Monro #8: at www.autoretailstocks.com.) We expect the earnings release to be benign. Remember, on July 11, management indicated their earnings would likely be at the high end of their previously provid ...

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Related Companies: Monro Muffler Brake