MillerKnoll (NASDAQ:MLKN) Releases FY25 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $1.81-1.87 for the period, compared to the consensus earnings per share estimate of $2.12. The company issued revenue guidance of $3.618-3.658 billion, compared to the consensus revenue estimate of $3.71 billion. MillerKnoll also updated its Q4 guidance to $0.46-0.52 EPS.

MillerKnoll Stock Down 1.5 %

Shares of MLKN traded down $0.27 on Wednesday, reaching $18.34. The company’s stock had a trading volume of 1,557,228 shares, compared to its average volume of 575,022. MillerKnoll has a twelve month low of $16.99 and a twelve month high of $31.73. The stock has a market capitalization of $1.25 billion, a PE ratio of 20.15, a PEG ratio of 0.89 and a beta of 1.22. The company has a current ratio of 1.60, a quick ratio of 0.99 and a debt-to-equity ratio of 1.02. The firm has a fifty day moving average of $21.35 and a 200-day moving average of $23.19.

MillerKnoll (NASDAQ:MLKN) last issued its quarterly earnings data on Wednesday, March 26th. The company reported $0.44 EPS 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 quarterly revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.45 earnings per share. Equities analysts predict that MillerKnoll will post 2.12 EPS for the current year.

MillerKnoll Dividend Announcement

The firm also recently announced 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. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 4.09%. MillerKnoll’s payout ratio is presently 82.42%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded MillerKnoll from a “hold” rating to a “buy” rating in a 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.