MillerKnoll Inc expected to post earnings of 54 cents a share - Earnings Preview

MillerKnoll

18/12/2023 21:07

* MillerKnoll Inc  MLKN.OQ   MLKN.O  is expected to show a
fall in
quarterly revenue when it reports  results on December 20 for
the period ending August 31 2023
    * The Zeeland Michigan-based  company is expected to report
a
8.9% decrease in revenue to $971.475 million from $1.07 billion
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on September 26 2023,
for the period ended November 30, was for revenue between
$950.00 million and $990.00 million.
    * ​LSEG's mean analyst estimate for MillerKnoll Inc is for
earnings of 54 cents per share. The company's EPS guidance on
September 26 2023, for the period ended November 30, was between
$0.52 and $0.58 
    * 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 $25.00​, below​ its last closing price of $28.55. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Aug. 31 2023  0.21        0.21       0.37      Beat    76.2
 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.        0.33        0.33       0.44      Beat    34.1
 31 2022                                                
 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
 This summary was machine generated December 18 at 21:07 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)