MillerKnoll (NASDAQ:MLKN) Issues FY 2025 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its FY 2025 earnings guidance on Wednesday. The company provided EPS guidance of 2.110-2.170 for the period, compared to the consensus EPS estimate of 2.160. The company issued revenue guidance of -. MillerKnoll also updated its FY25 guidance to $2.11-2.17 EPS.

MillerKnoll Stock Performance

NASDAQ:MLKN opened at $23.00 on Friday. The company has a market cap of $1.59 billion, a P/E ratio of 26.44, a P/E/G ratio of 0.96 and a beta of 1.20. MillerKnoll has a twelve month low of $20.89 and a twelve month high of $31.73. The company’s 50-day moving average price is $24.42 and its 200-day moving average price is $26.15. The company has a current ratio of 1.59, a quick ratio of 0.93 and a debt-to-equity ratio of 0.99.

MillerKnoll (NASDAQ:MLKN) last posted its quarterly earnings results on Wednesday, December 18th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.01. MillerKnoll had a return on equity of 10.93% and a net margin of 1.80%. The business had revenue of $970.40 million during the quarter, compared to analyst estimates of $959.60 million. During the same period in the prior year, the business earned $0.59 earnings per share. The business’s revenue was up 2.2% compared to the same quarter last year. On average, sell-side analysts forecast that MillerKnoll will post 2.17 earnings per share for the current fiscal year.

MillerKnoll Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Saturday, November 30th will be issued a dividend of $0.1875 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.75 annualized dividend and a dividend yield of 3.26%. MillerKnoll’s dividend payout ratio is presently 86.21%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of MillerKnoll from a “buy” rating to a “hold” rating in a research report on Thursday, October 10th.

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.