Rochester, NY 7/29/2009 4:09:24 PM
Monro Muffler Brake, Inc., MNRO - Increases Full-Year Earnings Outlook
Monro Muffler Brake, Inc.
Monro Muffler Brake, Inc., MNRO
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Monro Muffler Brake Inc. an Auto repair shop, lifted the low end of its full-year outlook after posting higher fiscal first-quarter earnings. The company anticipates fiscal 2010 earnings of between $1.35 per share and $1.45 per share. Previously, it called for $1.30 per share to $1.45 per share. It still expects sales between $515 million and $530 million.
Analysts polled by Thomson Reuters expect $1.44 per share, on average. For the second quarter, the company expects earnings between 43 cents and 48 cents per share. Wall street expects 46 cents per share. Shares of Monro rose 12 cents to $27.67 in afternoon trading.
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