Herman Miller Inc reports results for the quarter ended in August - Earnings Summary

MillerKnoll

29/09/2021 22:55

* Herman Miller Inc  MLHR.OQ  reported quarterly adjusted
earnings of 49 cents​​ per share for the quarter ended in
August. The mean expectation of four analysts for the quarter
was for earnings of 50 cents per share.
* Revenue rose 26% to $789.70 million from a year ago;  analysts
expected $648.20 million. 
* Herman Miller Inc's reported EPS for the quarter was a loss
of 93 cents​.
* The mean earnings estimate of analysts had fallen by
about 11.6% in the last three months.​ 
* In the last 30 days three analysts negatively revised earnings
estimates 
* Herman Miller Inc shares had fallen by 16.4% this quarter and
gained 16.5% so far this year.
* The company reported a quarterly loss of $61.5 million.
* Wall Street's median 12-month price target for Herman Miller
Inc is $60.00 
* 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." 
This summary was machine generated September 29 at 09:55 p.m.
 ​All figures in US dollars unless otherwise stated