HNI Corp expected to post earnings of 41  cents a share - Earnings Preview

HNI

25/02/2022 15:28

* HNI Corp  HNI.N   HNI  is expected to show a rise in
quarterly
revenue when it reports  results on February 28. 
    * The Muscatine Iowa-based  company is expected to report  a
6.1% increase in revenue to $596.626 million from $562.14
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for HNI Corp is for
earnings
of 41 cents per share. For the same quarter last year, the
company reported earnings of 66 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * 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
$49​,
about 15.9% above​ its last closing price of $41.23. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.43        0.43       0.43      Met     0
 Jun. 30 2021  0.20        0.22       0.40      Beat    84.6
 Mar. 31 2021  0.09        0.09       0.36      Beat    285.7​
 Dec. 31 2020  0.59        0.60       0.66      Beat    10.6
 ​​Sep.        0.47        0.46       0.71      Beat    53.2
 30 2020                                                
 Jun. 30 2020  -0.30       -0.31      0.20      Beat    164.5​
 Mar. 31 2020  -0.06       -0.05      0.21      Beat    481.8
 Dec. 31 2019  1.06        1.06       1.12      Beat    6.2
 This summary was machine generated February 25 at 15:28 GMT. 
All figures in US dollars  unless otherwise stated