MillerKnoll (NASDAQ:MLKN) Updates FY 2025 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.810-1.870 for the period, compared to the consensus earnings per share estimate of 2.120. The company issued revenue guidance of $3.6 billion-$3.7 billion, compared to the consensus revenue estimate of $3.7 billion. MillerKnoll also updated its FY25 guidance to $1.81-1.87 EPS.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on MLKN shares. Sidoti upgraded MillerKnoll to a “hold” rating in a research note on Tuesday. StockNews.com upgraded MillerKnoll from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th.

MillerKnoll Stock Performance

NASDAQ MLKN opened at $18.34 on Thursday. The company has a 50-day simple moving average of $21.28 and a two-hundred day simple moving average of $23.16. 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 firm has a market cap of $1.25 billion, a price-to-earnings ratio of 20.15, a PEG 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 (EPS) for the quarter, meeting the consensus estimate of $0.44. MillerKnoll had a return on equity of 10.74% and a net margin of 1.81%. The firm had revenue of $876.20 million for the quarter, compared to analysts’ expectations of $918.88 million. During the same period in the previous year, the firm earned $0.45 earnings per share. The business’s revenue was up .4% compared to the same quarter last year. On average, equities analysts forecast that MillerKnoll will post 2.12 EPS for the current year.

MillerKnoll Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Saturday, March 1st will be paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a yield of 4.09%. The ex-dividend date of this dividend is Friday, February 28th. MillerKnoll’s payout ratio is currently 82.42%.

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.