MillerKnoll (NASDAQ:MLKN) Issues FY 2025 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its FY 2025 earnings guidance on Wednesday. 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 Trading Up 2.0 %

Shares of NASDAQ:MLKN traded up $0.51 during midday trading on Wednesday, reaching $26.15. The company’s stock had a trading volume of 996,461 shares, compared to its average volume of 698,831. MillerKnoll has a fifty-two week low of $14.00 and a fifty-two week high of $31.33. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.95 and a current ratio of 1.59. The firm has a 50 day moving average price of $26.31 and a two-hundred day moving average price of $27.29. The firm has a market capitalization of $1.87 billion, a price-to-earnings ratio of 26.96, a PEG ratio of 0.93 and a beta of 1.26.

MillerKnoll (NASDAQ:MLKN) last released its quarterly earnings data on Wednesday, March 27th. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.01. The company had revenue of $872.30 million during the quarter, compared to analyst estimates of $909.55 million. MillerKnoll had a net margin of 1.96% and a return on equity of 9.61%. MillerKnoll’s revenue for the quarter was down 11.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.54 EPS. As a group, analysts forecast that MillerKnoll will post 1.94 earnings per share for the current year.

MillerKnoll Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Investors of record on Saturday, June 1st will be paid a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a yield of 2.87%. The ex-dividend date is Friday, May 31st. MillerKnoll’s dividend payout ratio (DPR) is currently 77.32%.

Wall Street Analyst Weigh In

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.