HNI Corp expected to post earnings of 61 cents a share - Earnings Preview

HNI

23/07/2024 17:34

* HNI Corp  HNI.N   HNI  is expected to show a rise in
quarterly
revenue when it reports  results on July 25 for the period
ending June 30 2024
    * The Muscatine Iowa-based  company is expected to report a
13.2% increase in revenue to $637.824 million from $563.5
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 61
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
$57.00​, above​ its last closing price of $49.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.18        0.18       0.37      Beat    102.7
 Dec. 31 2024  0.83        0.83       0.98      Beat    18.8
 Sep. 30 2023  0.63        0.63       0.93      Beat    47.6​
 Jan. 1 0001   0.21        0.21       0.55      Beat    158.8
 ​​Mar.        -0.03       -0.03      0.13      Beat    533.3
 31 2023                                                
 Dec. 31 2022  0.46        0.48       0.63      Beat    31.9​
 Sep. 30 2022  0.65        0.65       0.71      Beat    10.1
 Jan. 1 0001   0.34        0.34       0.52      Beat    51.8
 This summary was machine generated July 23 at 16:34 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)