MillerKnoll Inc MLKN.OQ reported quarterly adjusted earnings of 55 cents per share for the quarter ended November 30, lower than the same quarter last year, when the company reported EPS of 59 cents. The mean expectation of four analysts for the quarter was for earnings of 53 cents per share. Wall Street expected results to range from 52 cents to 54 cents per share.
Revenue rose 2.2% to $970.40 million from a year ago; analysts expected $959.70 million.
MillerKnoll Inc's reported EPS for the quarter was 49 cents.
The company reported quarterly net income of $34.1 million.
MillerKnoll Inc shares had risen by 2.1% this quarter and lost 5.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 12.8% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the business support supplies peer group is also "hold"
Wall Street's median 12-month price target for MillerKnoll Inc is $33.00
This summary was machine generated from LSEG data December 18 at 10:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Nov. 30 2024 | 0.53 | 0.55 | Beat |
Aug. 31 2024 | 0.40 | 0.36 | Missed |
May. 31 2024 | 0.54 | 0.67 | Beat |
Feb. 29 2024 | 0.44 | 0.45 | Beat |
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