MillerKnoll (NASDAQ:MLKN – Get Rating) updated its fourth quarter earnings guidance on Tuesday. The company provided EPS guidance of $0.46-0.52 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.43. The company issued revenue guidance of $1.075-1.115 billion, compared to the consensus revenue estimate of $1.03 billion.MillerKnoll also updated its Q4 2022 guidance to $0.460-$0.520 EPS.
MLKN stock traded up $1.66 during midday trading on Tuesday, hitting $32.99. The company’s stock had a trading volume of 586,170 shares, compared to its average volume of 505,740. The firm has a market cap of $2.50 billion, a PE ratio of -206.17 and a beta of 1.22. The business has a fifty day moving average price of $36.92. MillerKnoll has a twelve month low of $31.04 and a twelve month high of $51.24. The company has a quick ratio of 0.85, a current ratio of 1.42 and a debt-to-equity ratio of 0.93.
MillerKnoll (NASDAQ:MLKN – Get Rating) last announced its earnings results on Tuesday, March 29th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.27 by $0.01. The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $1.03 billion. MillerKnoll had a negative net margin of 0.53% and a positive return on equity of 12.46%. MillerKnoll’s revenue was up 74.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.65 EPS.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 15th. Stockholders of record on Saturday, February 26th will be paid a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date of this dividend is Thursday, February 24th. MillerKnoll’s dividend payout ratio is currently -468.72%.
MillerKnoll Company Profile (Get Rating)
MillerKnoll, Inc engages in the research, design, manufacture, and distribution of interior furnishings for use in various environments including office, healthcare, educational, and residential settings. It operates through the following segments: North America Contract, International Contract, Retail, and Corporate.
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