MillerKnoll (NASDAQ:MLKN – Get Free Report) issued its earnings results on Wednesday. The company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.54 by $0.13, Briefing.com reports. MillerKnoll had a return on equity of 10.94% and a net margin of 2.27%. The firm had revenue of $888.90 million during the quarter, compared to analysts’ expectations of $898.65 million. During the same period last year, the business earned $0.41 earnings per share. MillerKnoll’s quarterly revenue was down 7.1% compared to the same quarter last year.
MillerKnoll Trading Up 0.3 %
NASDAQ MLKN traded up $0.07 during trading on Friday, reaching $26.49. 887,389 shares of the stock traded hands, compared to its average volume of 473,505. MillerKnoll has a fifty-two week low of $14.32 and a fifty-two week high of $31.33. The company has a quick ratio of 0.95, a current ratio of 1.54 and a debt-to-equity ratio of 0.93. The firm has a market cap of $1.90 billion, a price-to-earnings ratio of 23.86, a price-to-earnings-growth ratio of 1.00 and a beta of 1.26. The stock’s 50-day moving average price is $26.40 and its 200 day moving average price is $27.26.
MillerKnoll Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Saturday, June 1st will be paid a $0.1875 dividend. The ex-dividend date is Friday, May 31st. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.83%. MillerKnoll’s dividend payout ratio (DPR) is presently 67.57%.
Wall Street Analyst Weigh In
View Our Latest Report on MillerKnoll
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.
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