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.

MillerKnoll Price Performance

Shares of MillerKnoll stock traded down $0.27 during trading on Wednesday, reaching $18.34. 1,593,418 shares of the stock traded hands, compared to its average volume of 575,067. MillerKnoll has a 52-week low of $16.99 and a 52-week high of $31.73. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.60 and a quick ratio of 0.99. The business has a fifty day simple moving average of $21.35 and a two-hundred day simple moving average of $23.19. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 20.15, a P/E/G ratio of 0.89 and a beta of 1.22.

MillerKnoll (NASDAQ:MLKN) last posted its earnings results 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 net margin of 1.81% and a return on equity of 10.74%. The firm had revenue of $876.20 million during the quarter, compared to analyst estimates of $918.88 million. During the same period last year, the firm posted $0.45 earnings per share. MillerKnoll’s revenue for the quarter was up .4% compared to the same quarter last year. Sell-side analysts expect that MillerKnoll will post 2.12 EPS for the current year.

MillerKnoll Announces Dividend

The firm also recently declared 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 4.09%. The ex-dividend date is Friday, February 28th. MillerKnoll’s payout ratio is 82.42%.

Wall Street Analysts Forecast Growth

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

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.