HNI Corp expected to post earnings of 63  cents a share - Earnings Preview

HNI

27/10/2023 19:36

* HNI Corp  HNI.N   HNI  is expected to show a rise in
quarterly
revenue when it reports  results on October 31. 
    * The Muscatine Iowa-based  company is expected to report  a
19.1% increase in revenue to $712.887 million from $598.8
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 63 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts had fallen by
about 6.6%
in the last three months. ​
    * Wall Street's median 12-month price target for HNI Corp is
$43​,
above​ its last closing price of $33.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.46        0.48       0.63      Beat    31.9​
 Sep. 30 2022  0.65        0.65       0.71      Beat    10.1
 ​​Jun.        0.34        0.34       0.52      Beat    51.8
 30 2022                                                
 Mar. 31 2022  0.23        0.23       0.33      Beat    45.1​
 Dec. 31 2021              0.41       0.43      Beat    5.7
 Sep. 30 2021  0.43        0.43       0.43      Met     0
 This summary was machine generated October 27 at 18:35 GMT.  All
figures in US dollars  unless otherwise stated