Herman Miller Inc expected to post earnings of 50 cents a share - Earnings Preview

MillerKnoll

27/09/2021 21:04

* Herman Miller Inc  MLHR.OQ   MLHR.O  is expected to show a
rise in quarterly revenue when it reports results on September
29. 
* The Zeeland, Michigan-based company is expected to report  a
3.4% increase in revenue to $648.2 million from $626.8 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Herman Miller Inc is
for earnings of 50 cents per share. For the same quarter last
year, the company reported earnings of $1.24 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Herman Miller
Inc is $60​, about 31.6% above​ its last closing price
of $41.06. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 May. 31 2021  0.39        0.39       0.56      Beat    43.6
 Feb. 28 2021  0.57        0.58       0.65      Beat    12.7
 Nov. 30 2020  0.57        0.56       0.89      Beat    58.9​
 Aug. 31 2020  0.31        0.26       1.24      Beat    370.9
 May.          -0.12​      -0.10      0.11      Beat    210​
 31​ 2020​                                              
 Feb. 29 2020  0.69        0.70       0.74      Beat    6.5​
 Nov. 30 2019  0.87        0.87       0.88      Beat    1.1
 Aug. 31 2019  0.79        0.78       0.84      Beat    7.3
 This summary was machine generated September 27 at 20:04 GMT. 
All figures in US dollars unless otherwise stated