MillerKnoll (NASDAQ:MLKN) Updates FY25 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its FY25 earnings guidance on Thursday. 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.

Analyst Ratings Changes

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

MillerKnoll Stock Down 0.8 %

MillerKnoll stock opened at $27.47 on Friday. The stock has a market capitalization of $1.97 billion, a PE ratio of 24.75, a price-to-earnings-growth ratio of 0.99 and a beta of 1.18. MillerKnoll has a twelve month low of $19.10 and a twelve month high of $31.73. 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 company has a 50 day moving average of $28.53 and a 200-day moving average of $27.51.

MillerKnoll (NASDAQ:MLKN) last announced its earnings results on Thursday, September 19th. The company reported $0.36 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.04). MillerKnoll had a return on equity of 10.94% and a net margin of 2.27%. The business had revenue of $861.50 million for the quarter, compared to analyst estimates of $889.38 million. During the same quarter in the previous year, the company posted $0.37 EPS. The business’s revenue for the quarter was down 6.1% compared to the same quarter last year. On average, equities research analysts anticipate that MillerKnoll will post 2.21 EPS for the current fiscal year.

MillerKnoll Dividend Announcement

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

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.