MillerKnoll (NASDAQ:MLKN - Get Free Report) issued an update on its fourth quarter earnings guidance on Wednesday morning. 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.
MillerKnoll Trading Down 2.7 %
NASDAQ:MLKN traded down $0.54 on Friday, reaching $19.76. The company's stock had a trading volume of 991,095 shares, compared to its average volume of 599,561. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 21.71, a price-to-earnings-growth 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 has a 12-month low of $17.83 and a 12-month high of $31.73. The stock has a 50 day moving average price of $21.22 and a 200 day moving average price of $23.07.
MillerKnoll (NASDAQ:MLKN - Get Free Report) last issued its quarterly earnings data on Wednesday, March 26th. The company reported $0.44 earnings per share for the quarter, meeting analysts' consensus estimates of $0.44. MillerKnoll had a return on equity of 10.74% and a net margin of 1.81%. The business had revenue of $876.20 million during the quarter, compared to analysts' expectations of $918.88 million. During the same period in the previous year, the firm posted $0.45 earnings per share. The company's revenue was up .4% on a year-over-year basis. On average, equities analysts anticipate that MillerKnoll will post 2.12 EPS for the current fiscal year.
MillerKnoll Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Saturday, March 1st will be paid a $0.1875 dividend. This represents a $0.75 annualized dividend and a dividend yield of 3.80%. The ex-dividend date of this dividend is Friday, February 28th. MillerKnoll's payout ratio is 82.42%.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the stock. Sidoti upgraded shares of MillerKnoll to a "hold" rating in a report on Tuesday, March 25th. StockNews.com cut MillerKnoll from a "buy" rating to a "hold" rating in a research note on Saturday.
Check Out Our Latest Report on MLKN
About MillerKnoll
(
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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.
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