HNI Corp expected to post earnings of 9  cents a share - Earnings Preview

HNI

27/04/2021 24:37

* HNI Corp  HNI.N   HNI  is expected to show a fall in quarterly
revenue when it reports results on April 28.
* The Muscatine, Iowa-based company is expected to report  a
2.1% decrease in revenue to $458.907 million from $468.7 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 9 cents per share. For the same quarter last year,
the company reported earnings of 21 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 had risen by about 1.1%
in the last three months.​
* Wall Street's median 12-month price target for HNI Corp is
$45.5​, about 10.2% above​ its last closing price of $40.86. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  -0.30       -0.31      0.20      Beat    164.5​
 Mar. 31 2020  -0.06       -0.05      0.21      Beat    481.8
 Dec.          1.06​       1.06       1.12      Beat    6.2​
 31​ 2019​                                              
 Sep. 30 2019  1.08        1.07       1.08      Beat    0.7​
 Jun. 30 2019  0.41        0.42       0.36      Missed  -13.3
 Mar. 31 2019  0.01        0.01       0.02      Beat    166.7
 This summary was machine generated April 26 at 23:37 GMT.  All
figures in US dollars unless otherwise stated