MillerKnoll (NASDAQ:MLKN) Issues FY 2025 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.100-2.300 for the period, compared to the consensus estimate of 2.190. The company issued revenue guidance of $3.6 billion-, compared to the consensus revenue estimate of $3.7 billion. MillerKnoll also updated its FY25 guidance to $2.10-2.30 EPS.

MillerKnoll Trading Up 1.0 %

Shares of MillerKnoll stock opened at $26.42 on Friday. The firm has a market cap of $1.89 billion, a PE ratio of 23.80, a P/E/G ratio of 0.95 and a beta of 1.26. MillerKnoll has a 1 year low of $14.14 and a 1 year high of $31.33. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.59 and a quick ratio of 0.95. The stock has a fifty day moving average price of $26.38 and a 200-day moving average price of $27.28.

MillerKnoll (NASDAQ:MLKN) last posted its quarterly earnings results on Wednesday, June 26th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.14. The company had revenue of $888.90 million during the quarter, compared to analyst estimates of $898.65 million. MillerKnoll had a net margin of 2.27% and a return on equity of 10.89%. The firm’s revenue for the quarter was down 7.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.41 earnings per share. Equities research analysts anticipate that MillerKnoll will post 2.3 EPS for the current year.

MillerKnoll Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Saturday, June 1st will be issued a $0.1875 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.84%. MillerKnoll’s dividend payout ratio (DPR) is presently 67.57%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded MillerKnoll from a buy rating to a strong-buy rating in a research note on Thursday.

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.