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HNI — HNI News Story

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HNI Corp reports results for the quarter ended March 31 - Earnings Summary

HNI Corp HNI.N reported quarterly adjusted earnings of 44 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 37 cents.  The mean expectation of four analysts for the quarter was for earnings of 34 cents per share. Wall Street expected results to range from 32 cents to 35 cents per share.

Revenue rose 2% to $599.80 million from a year ago; analysts expected $580.47 million.

HNI Corp's reported EPS for the quarter was 29 cents​.

The company reported quarterly net income of $13.9 million.

HNI Corp shares had fallen by 2.1% this quarter and lost 13.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 12.3% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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." The average consensus recommendation for the business support supplies peer group is also "buy"

Wall Street's median 12-month price target for HNI Corp is $62.00

This summary was machine generated from LSEG data May 7 at 01:31 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.340.44Beat
Dec. 31 20240.740.87Beat
Sep. 30 20240.981.03Beat
Jun. 30 20240.610.79Beat

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