MillerKnoll (NASDAQ:MLKN) Issues FY25 Earnings Guidance

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

MillerKnoll Stock Performance

Shares of MLKN opened at $27.47 on Friday. MillerKnoll has a 12 month low of $19.10 and a 12 month high of $31.73. The company’s fifty day moving average is $28.53 and its 200-day moving average is $27.51. The company has a quick ratio of 0.92, a current ratio of 1.53 and a debt-to-equity ratio of 0.93. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 24.75, a price-to-earnings-growth ratio of 0.99 and a beta of 1.18.

MillerKnoll (NASDAQ:MLKN) last posted its earnings results on Thursday, September 19th. The company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.04). The firm had revenue of $861.50 million during the quarter, compared to analyst estimates of $889.38 million. MillerKnoll had a net margin of 2.27% and a return on equity of 10.94%. The business’s quarterly revenue was down 6.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.37 earnings per share. 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 Tuesday, October 15th. Shareholders of record on Saturday, August 31st will be given a $0.1875 dividend. The ex-dividend date is Friday, August 30th. This represents a $0.75 annualized dividend and a yield of 2.73%. MillerKnoll’s dividend payout ratio is 67.57%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of MillerKnoll from a buy rating to a strong-buy rating in a report 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.