MillerKnoll (NASDAQ:MLKN) Releases Q4 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.46-0.52 for the period, compared to the consensus 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.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. StockNews.com upgraded shares of MillerKnoll from a “hold” rating to a “buy” rating in a research note on Wednesday, January 15th. Sidoti raised MillerKnoll to a “hold” rating in a report on Tuesday.

MillerKnoll Stock Performance

Shares of MLKN stock 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. MillerKnoll has a 12-month low of $17.83 and a 12-month high of $31.73. The company has a market cap of $1.25 billion, a price-to-earnings ratio of 20.15, a price-to-earnings-growth ratio of 0.89 and a beta of 1.22. The stock has a 50 day simple moving average of $21.28 and a 200-day simple moving average of $23.16.

MillerKnoll (NASDAQ:MLKN) last released its quarterly earnings data on Wednesday, March 26th. The company reported $0.44 EPS for the quarter, hitting the consensus estimate of $0.44. The business had revenue of $876.20 million for the quarter, compared to analyst estimates of $918.88 million. MillerKnoll had a net margin of 1.81% and a return on equity of 10.74%. The business’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.45 EPS. On average, equities analysts forecast that MillerKnoll will post 2.12 EPS for the current year.

MillerKnoll Announces Dividend

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

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.