MillerKnoll (NASDAQ:MLKN) Releases Q2 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its second quarter earnings guidance on Thursday. The company provided earnings per share guidance of $0.51-0.57 for the period, compared to the consensus earnings per share estimate of $0.61. The company issued revenue guidance of $950-990 million, compared to the consensus revenue estimate of $948.13 million. MillerKnoll also updated its FY 2025 guidance to 2.200-2.200 EPS.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded MillerKnoll from a buy rating to a strong-buy rating in a research report on Saturday, August 3rd.

MillerKnoll Stock Down 0.8 %

NASDAQ:MLKN opened at $27.47 on Friday. 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 stock’s fifty day moving average is $28.53 and its two-hundred day moving average is $27.51. MillerKnoll has a 52 week low of $19.10 and a 52 week high of $31.73. The stock has a market capitalization 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 released its quarterly earnings results on Thursday, September 19th. The company reported $0.36 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.04). The firm had revenue of $861.50 million for the quarter, compared to analyst estimates of $889.38 million. MillerKnoll had a return on equity of 10.94% and a net margin of 2.27%. The firm’s revenue for the quarter was down 6.1% on a year-over-year basis. During the same quarter last year, the company earned $0.37 earnings per share. Research analysts anticipate that MillerKnoll will post 2.21 EPS for the current year.

MillerKnoll Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Saturday, August 31st will be paid a $0.1875 dividend. This represents a $0.75 annualized dividend and a dividend yield of 2.73%. The ex-dividend date of this dividend is Friday, August 30th. MillerKnoll’s payout ratio is currently 67.57%.

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.