HNI Corp reports results for the quarter ended in March - Earnings Summary

HNI

28/04/2022 15:08

* HNI Corp  HNI.N  reported quarterly adjusted earnings of
33
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for earnings of
23 cents per share.
    * Revenue rose 18.2% to $572.33 million from a year ago; 
analysts
expected $558.69 million. 
    * HNI Corp's reported EPS for the quarter was 33 cents​.
    * The mean earnings estimate of analysts had fallen by
about 45%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * HNI Corp shares had fallen by 3.5% this quarter and
lost 14.9%
so far this year.
    * Wall Street's median 12-month price target for HNI Corp is
$51.00 
    * 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." 

This summary was machine generated April 28 at 02:08 p.m.  ​All
figures in US dollars unless otherwise stated