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

HNI

31/10/2023 13:32

* HNI Corp  HNI.N  reported quarterly adjusted earnings of
93
cents​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for earnings of
63 cents per share.
    * Revenue rose 18.8% to $711.60 million from a year ago;
analysts
expected $712.89 million. 
    * HNI Corp's reported EPS for the quarter was 80 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * HNI Corp shares had fallen by 3.6% this quarter and
gained 17.4%
so far this year.
    * The company reported quarterly net income of $37.8
million.
    * Wall Street's median 12-month price target for HNI Corp is
$43.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 31 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.63           0.93           Beat
 Jun. 30 2023      0.21           0.55           Beat
 Mar. 31 2023      -0.03          0.13           Beat
 Dec. 31 2022      0.48           0.63           Beat