MillerKnoll (NASDAQ:MLKN) Issues FY25 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its FY25 earnings guidance on Wednesday. The company provided EPS guidance of $2.11-2.17 for the period, compared to the consensus EPS estimate of $2.16. MillerKnoll also updated its FY 2025 guidance to 2.110-2.170 EPS.

MillerKnoll Trading Down 5.5 %

Shares of MLKN opened at $23.00 on Friday. MillerKnoll has a twelve month low of $20.89 and a twelve month high of $31.73. The stock has a market cap of $1.59 billion, a PE ratio of 26.44, a P/E/G ratio of 0.96 and a beta of 1.20. The company has a quick ratio of 0.93, a current ratio of 1.59 and a debt-to-equity ratio of 0.99. The business’s 50-day moving average price is $24.42 and its 200-day moving average price is $26.15.

MillerKnoll (NASDAQ:MLKN) last released its quarterly earnings results on Wednesday, December 18th. The company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.01. MillerKnoll had a net margin of 1.80% and a return on equity of 10.93%. The firm had revenue of $970.40 million during the quarter, compared to analyst estimates of $959.60 million. During the same period in the previous year, the business earned $0.59 EPS. The business’s revenue for the quarter was up 2.2% on a year-over-year basis. On average, equities analysts forecast that MillerKnoll will post 2.17 EPS for the current fiscal year.

MillerKnoll Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Saturday, November 30th will be paid a $0.1875 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.75 dividend on an annualized basis and a yield of 3.26%. MillerKnoll’s dividend payout ratio is presently 86.21%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut shares of MillerKnoll from a “buy” rating to a “hold” rating in a research report on Thursday, October 10th.

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.