MillerKnoll (NASDAQ:MLKN – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.380-0.440 for the period, compared to the consensus earnings per share estimate of 0.410. The company issued revenue guidance of $872.0 million-$912.0 million, compared to the consensus revenue estimate of $906.3 million. MillerKnoll also updated its FY 2025 guidance to 2.100-2.300 EPS.
Analyst Upgrades and Downgrades
Separately, StockNews.com cut MillerKnoll from a strong-buy rating to a buy rating in a research note on Thursday, March 28th.
Check Out Our Latest Stock Analysis on MillerKnoll
MillerKnoll Price Performance
MillerKnoll (NASDAQ:MLKN – Get Free Report) last announced its earnings results on Wednesday, March 27th. The company reported $0.45 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.01. The business had revenue of $872.30 million during the quarter, compared to the consensus estimate of $909.55 million. MillerKnoll had a net margin of 1.96% and a return on equity of 9.61%. The business’s quarterly revenue was down 11.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.54 earnings per share. On average, research analysts expect that MillerKnoll will post 1.94 EPS for the current year.
MillerKnoll Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Saturday, June 1st will be paid a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a yield of 2.87%. The ex-dividend date of this dividend is Friday, May 31st. MillerKnoll’s payout ratio is currently 77.32%.
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.
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