MillerKnoll (NASDAQ:MLKN) Issues Q3 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its third quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.41-0.47 for the period, compared to the consensus EPS estimate of $0.56. The company issued revenue guidance of $903-943 million, compared to the consensus revenue estimate of $927.05 million. MillerKnoll also updated its FY 2025 guidance to 2.110-2.170 EPS.

MillerKnoll Price Performance

NASDAQ:MLKN opened at $23.00 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.93 and a current ratio of 1.59. The company has a 50-day moving average of $24.42 and a 200-day moving average of $26.15. MillerKnoll has a 52 week low of $20.89 and a 52 week high of $31.73. The company has a market capitalization of $1.59 billion, a price-to-earnings ratio of 26.44, a PEG ratio of 0.96 and a beta of 1.20.

MillerKnoll (NASDAQ:MLKN) last issued its earnings results on Wednesday, December 18th. The company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.01. MillerKnoll had a return on equity of 10.93% and a net margin of 1.80%. The business had revenue of $970.40 million during the quarter, compared to analysts’ expectations of $959.60 million. During the same period in the prior year, the firm posted $0.59 EPS. MillerKnoll’s quarterly revenue was up 2.2% compared to the same quarter last year. As a group, equities research analysts anticipate that MillerKnoll will post 2.17 earnings per share for the current fiscal year.

MillerKnoll Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Saturday, November 30th will be paid a dividend of $0.1875 per share. The ex-dividend date is Friday, November 29th. This represents a $0.75 annualized dividend and a dividend yield of 3.26%. MillerKnoll’s dividend payout ratio (DPR) is currently 86.21%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut MillerKnoll from a “buy” rating to a “hold” rating in a research note 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.