MillerKnoll (NASDAQ:MLKN) Releases FY 2025 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.810-1.870 for the period, compared to the consensus estimate of 2.120. The company issued revenue guidance of $3.6 billion-$3.7 billion, compared to the consensus revenue estimate of $3.7 billion. MillerKnoll also updated its FY25 guidance to $1.81-1.87 EPS.

Analyst Ratings Changes

MLKN has been the subject of a number of recent research reports. StockNews.com raised shares of MillerKnoll from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Sidoti raised shares of MillerKnoll to a “hold” rating in a research report on Tuesday.

MillerKnoll Price Performance

MillerKnoll stock opened at $20.30 on Friday. MillerKnoll has a 52-week low of $17.83 and a 52-week high of $31.73. The company’s 50 day moving average is $21.26 and its two-hundred day moving average is $23.14. The company has a quick ratio of 0.99, a current ratio of 1.60 and a debt-to-equity ratio of 1.02. The firm has a market cap of $1.38 billion, a PE ratio of 22.31, a price-to-earnings-growth ratio of 0.89 and a beta of 1.22.

MillerKnoll (NASDAQ:MLKN) last announced its earnings results on Wednesday, March 26th. The company reported $0.44 EPS for the quarter, meeting analysts’ consensus estimates of $0.44. The business had revenue of $876.20 million during the quarter, compared to analysts’ expectations of $918.88 million. MillerKnoll had a net margin of 1.81% and a return on equity of 10.74%. The business’s revenue was up .4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.45 earnings per share. On average, research analysts expect that MillerKnoll will post 2.12 EPS for the current fiscal year.

MillerKnoll Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Saturday, March 1st will be issued a $0.1875 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.75 dividend on an annualized basis and a yield of 3.69%. MillerKnoll’s payout ratio is 82.42%.

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.