MillerKnoll (NASDAQ:MLKN) Updates Q4 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its fourth quarter earnings guidance on Wednesday. The company provided earnings per share guidance of $0.46-0.52 for the period, compared to the consensus earnings per share estimate of $0.77. The company issued revenue guidance of $910-950 million, compared to the consensus revenue estimate of $958.85 million. MillerKnoll also updated its FY 2025 guidance to 1.810-1.870 EPS.

MillerKnoll Stock Performance

NASDAQ MLKN traded down $0.27 during trading hours on Wednesday, hitting $18.34. 1,593,418 shares of the company’s stock traded hands, compared to its average volume of 575,067. MillerKnoll has a 52 week low of $16.99 and a 52 week high of $31.73. The firm has a market capitalization of $1.25 billion, a P/E ratio of 20.15, a P/E/G ratio of 0.89 and a beta of 1.22. 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 business’s fifty day moving average price is $21.35 and its two-hundred day moving average price is $23.19.

MillerKnoll (NASDAQ:MLKN) last posted its quarterly earnings data on Wednesday, March 26th. The company reported $0.44 EPS for the quarter, hitting the consensus estimate 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 analyst estimates of $918.88 million. During the same period in the prior year, the business posted $0.45 EPS. MillerKnoll’s 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 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Saturday, March 1st will be issued a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a yield of 4.09%. The ex-dividend date of this dividend is Friday, February 28th. MillerKnoll’s dividend payout ratio is currently 82.42%.

Wall Street Analysts Forecast Growth

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

About MillerKnoll

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.