HNI Corp expected to post earnings of 43 cents a share - Earnings Preview

HNI

22/10/2021 19:33

* HNI Corp  HNI.N   HNI  is expected to show a rise in quarterly
revenue when it reports results on October 25. 
* The Muscatine, Iowa-based company is expected to report  a
16.8% increase in revenue to $592.136 million from $507.06
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 43 cents per share. For the same quarter last year,
the company reported earnings of 71 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 19.9% above​ its last closing price of $39.24. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  0.47        0.46       0.71      Beat    53.2
 Jun.          -0.30​      -0.31      0.20      Beat    164.5​
 30​ 2020​                                              
 Mar. 31 2020  -0.06       -0.05      0.21      Beat    481.8​
 Dec. 31 2019  1.06        1.06       1.12      Beat    6.2
 Sep. 30 2019  1.08        1.07       1.08      Beat    0.7
 This summary was machine generated October 22 at 18:33 GMT.  All
figures in US dollars unless otherwise stated