MillerKnoll Inc expected to post earnings of 33cents a share - Earnings Preview

MillerKnoll

26/09/2022 21:12

* MillerKnoll Inc  MLKN.OQ   MLKN.O  is expected to show a
rise in
quarterly revenue when it reports  results on September 28. 
    * The Zeeland Michigan-based  company is expected to report 
a
38.4% increase in revenue to $1.093 billion from $789.7 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. The company's guidance on June 29 2022,
for the period ended August 31, was for revenue between USD1.08
billion and USD1.12 billion.
    * ​Refinitiv's mean analyst estimate for MillerKnoll Inc is
for
earnings of 33 cents per share. The company's EPS guidance on
June 29 2022, for the period ended August 31, was between
USD0.32 and USD0.38 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $43​, above​ its last closing price of $19.90. ​​​

The company's guidance on June 29 2022 for the period ended
August 31 was for gross profit margin between USD34.7% and
USD35.7%.
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 2022  0.47        0.47       0.58      Beat    23.4
 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
 ​​May.        0.39        0.39       0.56      Beat    43.6
 31 2021                                                
 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
 This summary was machine generated September 26 at 20:12 GMT. 
All figures in US dollars  unless otherwise stated