MillerKnoll Inc expected to post earnings of 21  cents a share - Earnings Preview

MillerKnoll

22/09/2023 21:02

* MillerKnoll Inc  MLKN.OQ   MLKN.O  is expected to show a
fall in
quarterly revenue when it reports  results on September 26. 
    * The Zeeland Michigan-based  company is expected to report 
a
16.6% decrease in revenue to $899.6 million from $1.08 billion a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. The company's guidance on July 12 2023, for
the period ended August 31, was for revenue between $880.00
million and $920.00 million.
    * ​Refinitiv's mean analyst estimate for MillerKnoll Inc is
for
earnings of 21 cents per share. The company's EPS guidance on
July 12 2023, for the period ended August 31, was between $0.18
and $0.24 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"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 MillerKnoll
Inc
is $22​, above​ its last closing price of $20.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 May. 31 2023  0.39        0.39       0.41      Beat    6.2
 Feb. 28 2023  0.42        0.42       0.54      Beat    28
 Nov. 30 2022  0.42        0.42       0.46      Beat    10​
 Aug. 31 2022  0.33        0.33       0.44      Beat    34.1
 ​​May.        0.47        0.47       0.58      Beat    23.4
 31 2022                                                
 Feb. 28 2022  0.27        0.27       0.28      Beat    5.3​
 Nov. 30 2021  0.57        0.57       0.51      Missed  -10.9
 Aug. 31 2021  0.49        0.50       0.49      Missed  -1
 This summary was machine generated September 22 at 20:02 GMT. 
All figures in US dollars  unless otherwise stated