MillerKnoll (NASDAQ:MLKN) Releases FY25 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $1.81-1.87 for the period, compared to the consensus earnings per share estimate of $2.12. The company issued revenue guidance of $3.618-3.658 billion, compared to the consensus revenue estimate of $3.71 billion. MillerKnoll also updated its FY 2025 guidance to 1.810-1.870 EPS.

MillerKnoll Price Performance

MillerKnoll stock opened at $20.30 on Friday. The firm has a market cap of $1.38 billion, a P/E ratio of 22.31, a P/E/G ratio of 0.89 and a beta of 1.22. The stock’s 50 day moving average is $21.26 and its 200 day moving average is $23.14. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.60 and a quick ratio of 0.99. MillerKnoll has a one year low of $17.83 and a one year high of $31.73.

MillerKnoll (NASDAQ:MLKN) last posted its quarterly earnings data on Wednesday, March 26th. The company reported $0.44 earnings per share for the quarter, hitting the consensus estimate of $0.44. The company 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%. MillerKnoll’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.45 earnings per share. As a group, research analysts expect that MillerKnoll will post 2.12 EPS for the current year.

MillerKnoll Announces Dividend

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 given a dividend of $0.1875 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.75 annualized dividend and a dividend yield of 3.69%. MillerKnoll’s payout ratio is 82.42%.

Analyst Ratings Changes

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

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.