MillerKnoll Inc expected to post earnings of 39  cents a share - Earnings Preview

MillerKnoll

10/07/2023 21:03

* MillerKnoll Inc  MLKN.OQ   MLKN.O  is expected to show a
fall in
quarterly revenue when it reports  results on July 12. 
    * The Zeeland Michigan-based  company is expected to report 
a
14.1% decrease in revenue to $945.56 million from $1.1 billion a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. The company's guidance on March 22 2023, for
the period ended May 31, was for revenue between $930.00 million
and $970.00 million.
    * ​Refinitiv's mean analyst estimate for MillerKnoll Inc is
for
earnings of 39 cents per share. The company's EPS guidance on
March 22 2023, for the period ended May 31, was between $0.37
and $0.43 
    * 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 $15.35. ​​​

The company's guidance on March 22 2023 for the period ended May
31 was for gross profit margin between USD36.1% and USD37.1%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Feb. 28 2023  0.42        0.42       0.54      Beat    28
 Nov. 30 2023  0.42        0.42       0.46      Beat    10
 Aug. 31 2022  0.33        0.33       0.44      Beat    34.1​
 May. 31 2022  0.47        0.47       0.58      Beat    23.4
 ​​Feb.        0.27        0.27       0.28      Beat    5.3
 28 2022                                                
 Nov. 30 2021  0.57        0.57       0.51      Missed  -10.9​
 Aug. 31 2021  0.49        0.50       0.49      Missed  -1
 May. 31 2021  0.39        0.39       0.56      Beat    43.6
 This summary was machine generated July 10 at 20:02 GMT.  All
figures in US dollars  unless otherwise stated