MillerKnoll Inc expected to post earnings of 42cents a share - Earnings Preview

MillerKnoll

19/12/2022 21:02

* MillerKnoll Inc  MLKN.OQ   MLKN.O  is expected to show a
rise in
quarterly revenue when it reports  results on December 21. 
    * The Zeeland Michigan-based  company is expected to report 
a
1.3% increase in revenue to $1.04 billion from $1.03 billion a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. The company's guidance on September 28 2022,
for the period ended November 30, was for revenue between $1.03
billion and $1.07 billion.
    * ​Refinitiv's mean analyst estimate for MillerKnoll Inc is
for
earnings of 42 cents per share. The company's EPS guidance on
September 28 2022, for the period ended November 30, was between
$0.39 and $0.45 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 $26​, above​ its last closing price of $18.54. ​​​

The company's guidance on September 28 2022 for the period ended
November 30 was for gross profit margin between USD34.3% and
USD35.3%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 28 2022  0.27        0.27       0.28      Beat    5.3​
 Nov. 30 2021  0.57        0.57       0.51      Missed  -10.9
 ​​Aug.        0.49        0.50       0.49      Missed  -1
 31 2021                                                
 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
 This summary was machine generated December 19 at 21:02 GMT. 
All figures in US dollars  unless otherwise stated