MillerKnoll Inc reports results for the quarter ended November 30 - Earnings Summary

MillerKnoll

18/12/2024 22:02

* MillerKnoll Inc  MLKN.OQ  reported quarterly adjusted
earnings
of 55 cents​​ per share for the quarter ended November 30, lower
than the same quarter last year, when the company reported EPS
of 59 cents.  The mean expectation of four analysts for the
quarter was for earnings of 53 cents per share. Wall Street
expected results to range from 52 cents to 54 cents per share.
    * Revenue rose 2.2% to $970.40 million from a year ago;
analysts
expected $959.70 million. 
    * MillerKnoll Inc's reported EPS for the quarter was 49
cents​.
    * The company reported quarterly net income of $34.1
million.
    * MillerKnoll Inc shares had risen by 2.1% this quarter and
lost 5.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 12.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the business
support
supplies peer group is also "hold"

Wall Street's median 12-month price target for MillerKnoll Inc
is $33.00 
This summary was machine generated from LSEG data December 18 at
10:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Nov. 30 2024      0.53           0.55           Beat
 Aug. 31 2024      0.40           0.36           Missed
 May. 31 2024      0.54           0.67           Beat
 Feb. 29 2024      0.44           0.45           Beat