HNI Corp expected to post earnings of 23  cents a share - Earnings Preview

HNI

04/08/2023 19:36

* HNI Corp  HNI.N   HNI  is expected to show a fall in
quarterly
revenue when it reports  results on August 8. 
    * The Muscatine Iowa-based  company is expected to report  a
9.2% decrease in revenue to $564.287 million from $621.7 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for HNI Corp is for
earnings
of 23 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
$35​,
above​ its last closing price of $28.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.03       -0.03      0.13      Beat    533.3
 Dec. 31 2023  0.46        0.48       0.63      Beat    31.9
 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.        0.23        0.23       0.33      Beat    45.1
 31 2022                                                
 Dec. 31 2021              0.41       0.43      Beat    5.7​
 Sep. 30 2021  0.43        0.43       0.43      Met     0
 Jun. 30 2021  0.20        0.22       0.40      Beat    84.6
 This summary was machine generated August 4 at 18:36 GMT.  All
figures in US dollars  unless otherwise stated