MillerKnoll (NASDAQ:MLKN) Updates FY 2025 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.810-1.870 for the period, compared to the consensus EPS 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.

MillerKnoll Trading Down 1.5 %

NASDAQ:MLKN opened at $18.34 on Thursday. MillerKnoll has a 12 month low of $17.83 and a 12 month high of $31.73. 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 has a market capitalization of $1.25 billion, a price-to-earnings ratio of 20.15, a PEG ratio of 0.89 and a beta of 1.22. The firm has a fifty day simple moving average of $21.28 and a two-hundred day simple moving average of $23.16.

MillerKnoll (NASDAQ:MLKN) last issued 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 analyst estimates of $918.88 million. MillerKnoll had a return on equity of 10.74% and a net margin of 1.81%. The firm’s revenue was up .4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.45 EPS. Analysts expect that MillerKnoll will post 2.12 EPS for the current fiscal year.

MillerKnoll Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Saturday, March 1st will be given a $0.1875 dividend. 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 payout ratio is currently 82.42%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on MLKN shares. Sidoti upgraded shares of MillerKnoll to a “hold” rating in a report on Tuesday. StockNews.com raised 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.