MillerKnoll (MLKN) Set to Announce Quarterly Earnings on Wednesday

MillerKnoll (NASDAQ:MLKN) is set to issue its quarterly earnings data after the market closes on Wednesday, June 26th. Analysts expect the company to announce earnings of $0.53 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

MillerKnoll (NASDAQ:MLKN) last released its quarterly earnings data on Wednesday, March 27th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.44 by $0.01. MillerKnoll had a net margin of 1.96% and a return on equity of 9.61%. The business had revenue of $872.30 million during the quarter, compared to the consensus estimate of $909.55 million. During the same quarter in the prior year, the firm earned $0.54 EPS. The business’s revenue was down 11.4% on a year-over-year basis. On average, analysts expect MillerKnoll to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

MillerKnoll Stock Up 0.4 %

Shares of NASDAQ:MLKN opened at $25.19 on Wednesday. The company has a current ratio of 1.59, a quick ratio of 0.95 and a debt-to-equity ratio of 0.93. The company has a market cap of $1.80 billion, a price-to-earnings ratio of 25.97, a PEG ratio of 0.91 and a beta of 1.26. MillerKnoll has a 12 month low of $13.99 and a 12 month high of $31.33. The company has a 50-day moving average price of $26.31 and a 200 day moving average price of $27.36.

MillerKnoll Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Saturday, June 1st will be given a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date is Friday, May 31st. MillerKnoll’s dividend payout ratio (DPR) is presently 77.32%.

Analysts Set New Price Targets

Separately, StockNews.com lowered shares of MillerKnoll from a “strong-buy” rating to a “buy” rating in a report on Thursday, March 28th.

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.