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 guidance of 1.810-1.870 for the period, compared to the consensus earnings per share 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.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of MillerKnoll from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th.

MillerKnoll Trading Down 1.5 %

Shares of MillerKnoll stock traded down $0.27 on Wednesday, hitting $18.34. 1,593,418 shares of the company traded hands, compared to its average volume of 575,067. The company has a current ratio of 1.60, a quick ratio of 0.99 and a debt-to-equity ratio of 1.02. The stock’s 50 day moving average price is $21.35 and its 200-day moving average price is $23.19. The company has a market cap of $1.25 billion, a PE ratio of 20.15, a PEG ratio of 0.89 and a beta of 1.22. MillerKnoll has a 52 week low of $16.99 and a 52 week high of $31.73.

MillerKnoll (NASDAQ:MLKN) last issued its quarterly earnings data on Wednesday, March 26th. The company reported $0.44 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.44. MillerKnoll had a return on equity of 10.74% and a net margin of 1.81%. The firm had revenue of $876.20 million during the quarter, compared to analysts’ expectations of $918.88 million. During the same period in the prior year, the business posted $0.45 EPS. The firm’s quarterly revenue was up .4% on a year-over-year basis. Equities research analysts predict that MillerKnoll will post 2.12 EPS for the current year.

MillerKnoll Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Saturday, March 1st will be paid a dividend of $0.1875 per share. The ex-dividend date is Friday, February 28th. This represents a $0.75 annualized dividend and a yield of 4.09%. MillerKnoll’s dividend payout ratio (DPR) 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.