HNI Corp expected to post earnings of 18 cents a share - Earnings Preview

HNI

26/04/2024 14:31

* HNI Corp  HNI.N   HNI  is expected to show a rise in
quarterly
revenue when it reports  results on April 29 for the period
ending March 31 2024
    * The Muscatine Iowa-based  company is expected to report a
19.9% increase in revenue to $574.56 million from $479.1 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for HNI Corp is for earnings
of 18
cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for HNI Corp is
$52.00​, above​ its last closing price of $42.25. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.83        0.83       0.98      Beat    18.8
 Sep. 30 2023  0.63        0.63       0.93      Beat    47.6
 Jun. 30 2023  0.21        0.21       0.55      Beat    158.8​
 Mar. 31 2023  -0.03       -0.03      0.13      Beat    533.3
 ​​Dec.        0.46        0.48       0.63      Beat    31.9
 31 2022                                                
 Sep. 30 2022  0.65        0.65       0.71      Beat    10.1​
 Jun. 30 2022  0.34        0.34       0.52      Beat    51.8
 Mar. 31 2022  0.23        0.23       0.33      Beat    45.1
 This summary was machine generated April 26 at 13:31 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)