MillerKnoll (NASDAQ:MLKN) Releases FY 2025 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.100-2.300 for the period, compared to the consensus estimate of 2.190. The company issued revenue guidance of $3.6 billion-, compared to the consensus revenue estimate of $3.7 billion. MillerKnoll also updated its FY25 guidance to $2.10-2.30 EPS.

MillerKnoll Price Performance

Shares of NASDAQ:MLKN opened at $26.49 on Friday. MillerKnoll has a 1-year low of $14.32 and a 1-year high of $31.33. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.54 and a quick ratio of 0.95. The business has a fifty day moving average price of $26.40 and a 200-day moving average price of $27.27. The company has a market capitalization of $1.90 billion, a PE ratio of 23.86, a PEG ratio of 1.00 and a beta of 1.26.

MillerKnoll (NASDAQ:MLKN) last issued its quarterly earnings results on Wednesday, June 26th. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.14. MillerKnoll had a return on equity of 10.94% and a net margin of 2.27%. The firm had revenue of $888.90 million during the quarter, compared to the consensus estimate of $898.65 million. During the same period last year, the company earned $0.41 earnings per share. The company’s revenue was down 7.1% on a year-over-year basis. As a group, equities analysts expect that MillerKnoll will post 2.21 EPS for the current fiscal year.

MillerKnoll Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Saturday, June 1st will be issued a dividend of $0.1875 per share. The ex-dividend date is Friday, May 31st. This represents a $0.75 annualized dividend and a dividend yield of 2.83%. MillerKnoll’s payout ratio is presently 67.57%.

Analyst Ratings Changes

Separately, StockNews.com upgraded MillerKnoll from a buy rating to a strong-buy rating in a report on Thursday.

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.