MillerKnoll (NASDAQ:MLKN) Updates Q1 2025 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.380-0.440 for the period, compared to the consensus earnings per share estimate of 0.410. The company issued revenue guidance of $872.0 million-$912.0 million, compared to the consensus revenue estimate of $906.3 million. MillerKnoll also updated its FY 2025 guidance to 2.100-2.300 EPS.

MillerKnoll Stock Performance

Shares of NASDAQ MLKN traded up $0.51 during midday trading on Wednesday, hitting $26.15. The company’s stock had a trading volume of 996,461 shares, compared to its average volume of 698,831. The firm has a market cap of $1.87 billion, a P/E ratio of 26.96, a P/E/G ratio of 0.93 and a beta of 1.26. MillerKnoll has a 1-year low of $14.00 and a 1-year high of $31.33. The firm’s fifty day moving average price is $26.31 and its 200-day moving average price is $27.29. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.95 and a current ratio of 1.59.

MillerKnoll (NASDAQ:MLKN) last posted its earnings results on Wednesday, March 27th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.44 by $0.01. The company had revenue of $872.30 million during the quarter, compared to analyst estimates of $909.55 million. MillerKnoll had a return on equity of 9.61% and a net margin of 1.96%. The business’s revenue was down 11.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.54 earnings per share. On average, sell-side analysts forecast that MillerKnoll will post 1.94 EPS for the current fiscal year.

MillerKnoll Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Saturday, June 1st will be given a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 2.87%. The ex-dividend date is Friday, May 31st. MillerKnoll’s dividend payout ratio is presently 77.32%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of MillerKnoll from a strong-buy rating to a buy rating in a research report on Thursday, March 28th.

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.