NEW YORK (TheStreet) -- Monro Muffler Brake (MNRO) shares closed trading down 5.9% to $59.04 in trading on Thursday after the automotive repair company reported its fourth quarter financial results before the opening bell today.
The Rochester, NY-based company reported fourth quarter earnings of $12.6 million, or 38 cents per share, on revenue that rose 7.8% to $219.1 million. Analysts on average were expecting the company to report earnings of 39 cents per share on revenue of $226.37 million.
The company also issued current quarter earnings guidance between 55 cents and 59 cents per share. Analysts are expecting the company to report earnings of 63 cents per share.
TheStreet Ratings team rates MONRO MUFFLER BRAKE INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate MONRO MUFFLER BRAKE INC (MNRO) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, growth in earnings per share, expanding profit margins and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results."
Highlights from the analysis by TheStreet Ratings Team goes as follows:
- You can view the full analysis from the report here: MNRO Ratings Report