MillerKnoll (MLKN) to Release Quarterly Earnings on Wednesday

MillerKnoll (NASDAQ:MLKN - Get Free Report) is expected to be posting its quarterly earnings results after the market closes on Wednesday, March 26th. Analysts expect MillerKnoll to post earnings of $0.44 per share and revenue of $918.88 million for the quarter. Investors interested in participating in the company's conference call can do so using this link.

MillerKnoll (NASDAQ:MLKN - Get Free Report) last issued its quarterly earnings data on Wednesday, December 18th. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.54 by $0.01. MillerKnoll had a return on equity of 10.74% and a net margin of 1.81%. The company had revenue of $970.40 million during the quarter, compared to analyst estimates of $959.60 million. During the same quarter in the previous year, the company posted $0.59 earnings per share. MillerKnoll's revenue was up 2.2% compared to the same quarter last year. On average, analysts expect MillerKnoll to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

MillerKnoll Stock Performance

MLKN stock traded down $0.47 during trading on Friday, reaching $18.49. The stock had a trading volume of 1,782,119 shares, compared to its average volume of 574,677. The stock's 50 day moving average is $21.46 and its two-hundred day moving average is $23.38. The firm has a market cap of $1.26 billion, a PE ratio of 20.32, a PEG ratio of 0.89 and a beta of 1.22. MillerKnoll has a 52 week low of $18.28 and a 52 week high of $31.73. The company has a current ratio of 1.60, a quick ratio of 0.99 and a debt-to-equity ratio of 1.02.

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MillerKnoll Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Saturday, March 1st will be issued a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 4.06%. The ex-dividend date of this dividend is Friday, February 28th. MillerKnoll's payout ratio is 82.42%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of MillerKnoll from a "hold" rating to a "buy" rating in a research report on Wednesday, January 15th.

MillerKnoll Company Profile

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.