MillerKnoll (NASDAQ:MLKN) Issues FY25 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $1.81-1.87 for the period, compared to the consensus 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.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on MLKN shares. StockNews.com raised shares of MillerKnoll from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Sidoti upgraded MillerKnoll to a “hold” rating in a research report on Tuesday.

MillerKnoll Stock Performance

NASDAQ:MLKN opened at $18.34 on Thursday. 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 P/E ratio of 20.15, a price-to-earnings-growth ratio of 0.89 and a beta of 1.22. The firm has a 50 day moving average of $21.28 and a 200-day moving average of $23.16. MillerKnoll has a 1 year low of $17.83 and a 1 year high of $31.73.

MillerKnoll (NASDAQ:MLKN) last released its quarterly earnings results on Wednesday, March 26th. The company reported $0.44 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.44. The business had revenue of $876.20 million during the quarter, compared to analysts’ expectations of $918.88 million. MillerKnoll had a return on equity of 10.74% and a net margin of 1.81%. The firm’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.45 earnings per share. As a group, sell-side analysts anticipate that MillerKnoll will post 2.12 EPS for the current fiscal year.

MillerKnoll Announces Dividend

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