MillerKnoll (NASDAQ:MLKN) Issues FY25 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) issued an update on its FY25 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $2.20 for the period, compared to the consensus estimate of $2.18. MillerKnoll also updated its FY 2025 guidance to 2.200-2.200 EPS.

MillerKnoll Stock Performance

Shares of MLKN stock opened at $23.50 on Friday. The company has a market capitalization of $1.68 billion, a price-to-earnings ratio of 21.17, a P/E/G ratio of 0.99 and a beta of 1.18. MillerKnoll has a 1-year low of $19.10 and a 1-year high of $31.73. The company has a current ratio of 1.53, a quick ratio of 0.92 and a debt-to-equity ratio of 0.93. The stock’s fifty day simple moving average is $28.45 and its 200-day simple moving average is $27.45.

MillerKnoll (NASDAQ:MLKN) last released its earnings results on Thursday, September 19th. The company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.04). The business had revenue of $861.50 million for the quarter, compared to analysts’ expectations of $889.38 million. MillerKnoll had a net margin of 2.27% and a return on equity of 10.94%. The company’s revenue was down 6.1% compared to the same quarter last year. During the same period last year, the firm earned $0.37 EPS. On average, sell-side analysts predict that MillerKnoll will post 2.21 earnings per share for the current fiscal year.

MillerKnoll Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Saturday, August 31st will be paid a $0.1875 dividend. The ex-dividend date is Friday, August 30th. This represents a $0.75 annualized dividend and a yield of 3.19%. MillerKnoll’s dividend payout ratio is presently 67.57%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised shares of MillerKnoll from a buy rating to a strong-buy rating in a research note on Saturday, August 3rd.

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.