MillerKnoll (NASDAQ:MLKN – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.04), Briefing.com reports. The company had revenue of $861.50 million during the quarter, compared to the consensus estimate of $889.38 million. MillerKnoll had a net margin of 2.27% and a return on equity of 10.94%. The company’s revenue for the quarter was down 6.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.37 earnings per share.
MillerKnoll Stock Down 14.5 %
Shares of MLKN opened at $23.50 on Friday. The business’s 50 day simple moving average is $28.45 and its 200-day simple moving average is $27.47. MillerKnoll has a one year low of $19.10 and a one year high of $31.73. The company has a market capitalization of $1.68 billion, a P/E ratio of 21.17, 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 Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Saturday, August 31st will be paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Friday, August 30th. MillerKnoll’s dividend payout ratio (DPR) is currently 67.57%.
Wall Street Analyst Weigh In
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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.
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