MillerKnoll (NASDAQ:MLKN) Releases FY 2025 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 2.200-2.200 for the period, compared to the consensus EPS estimate of 2.180. The company issued revenue guidance of -. MillerKnoll also updated its FY25 guidance to $2.20 EPS.

MillerKnoll Price Performance

MillerKnoll stock traded down $0.22 during mid-day trading on Thursday, hitting $27.47. 1,164,090 shares of the company were exchanged, compared to its average volume of 620,115. The business’s 50 day simple moving average is $28.52 and its two-hundred day simple moving average is $27.51. MillerKnoll has a 12-month low of $19.10 and a 12-month high of $31.73. The company has a market capitalization of $1.97 billion, a P/E ratio of 24.72, a PEG ratio of 0.99 and a beta of 1.18. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.53 and a quick ratio of 0.92.

MillerKnoll (NASDAQ:MLKN) last posted its quarterly earnings data on Wednesday, June 26th. The company reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.13. The business had revenue of $888.90 million for the quarter, compared to analysts’ expectations of $898.65 million. MillerKnoll had a return on equity of 10.94% and a net margin of 2.27%. The business’s revenue was down 7.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.41 earnings per share. Analysts forecast that MillerKnoll will post 2.21 earnings per share for the current fiscal year.

MillerKnoll Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Saturday, August 31st will be paid a dividend of $0.1875 per share. The ex-dividend date is Friday, August 30th. This represents a $0.75 annualized dividend and a dividend yield of 2.73%. MillerKnoll’s dividend payout ratio is presently 67.57%.

Analysts Set New Price Targets

Separately, StockNews.com raised MillerKnoll from a buy rating to a strong-buy rating in a research report on Saturday, August 3rd.

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.