MillerKnoll (NASDAQ:MLKN) Updates Q4 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its fourth quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.46-0.52 for the period, compared to the consensus EPS estimate of $0.77. The company issued revenue guidance of $910-950 million, compared to the consensus revenue estimate of $958.85 million. MillerKnoll also updated its FY 2025 guidance to 1.810-1.870 EPS.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on MLKN shares. Sidoti upgraded MillerKnoll to a “hold” rating in a research note on Tuesday. StockNews.com raised shares of MillerKnoll from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th.

MillerKnoll Stock Up 10.7 %

MLKN opened at $20.30 on Friday. The business has a 50 day moving average price of $21.26 and a two-hundred day moving average price of $23.14. MillerKnoll has a 52 week low of $17.83 and a 52 week high of $31.73. The company has a market cap of $1.38 billion, a PE ratio of 22.31, a P/E/G ratio of 0.89 and a beta of 1.22. The company has a quick ratio of 0.99, a current ratio of 1.60 and a debt-to-equity ratio of 1.02.

MillerKnoll (NASDAQ:MLKN) last issued its quarterly earnings results on Wednesday, March 26th. The company reported $0.44 earnings per share for the quarter, hitting the consensus estimate of $0.44. The firm had revenue of $876.20 million during the quarter, compared to the consensus estimate of $918.88 million. MillerKnoll had a return on equity of 10.74% and a net margin of 1.81%. The company’s revenue for the quarter was up .4% on a year-over-year basis. During the same period last year, the company earned $0.45 earnings per share. As a group, research analysts anticipate that MillerKnoll will post 2.12 EPS for the current year.

MillerKnoll Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Saturday, March 1st will be paid a dividend of $0.1875 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.75 annualized dividend and a yield of 3.69%. MillerKnoll’s dividend payout ratio is presently 82.42%.

About MillerKnoll

MillerKnoll, Inc researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions.