MillerKnoll (MLKN) to Release Earnings on Thursday

MillerKnoll (NASDAQ:MLKN) is set to post its quarterly earnings results after the market closes on Thursday, September 19th. Analysts expect MillerKnoll to post earnings of $0.42 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

MillerKnoll (NASDAQ:MLKN) last posted its quarterly earnings results on Wednesday, June 26th. The company reported $0.67 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.13. MillerKnoll had a net margin of 2.27% and a return on equity of 10.94%. The business had revenue of $888.90 million during the quarter, compared to analyst estimates of $898.65 million. During the same period in the prior year, the firm earned $0.41 earnings per share. The firm’s revenue was down 7.1% compared to the same quarter last year. On average, analysts expect MillerKnoll to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

MillerKnoll Trading Up 0.6 %

NASDAQ:MLKN opened at $27.19 on Tuesday. MillerKnoll has a 12 month low of $18.00 and a 12 month high of $31.73. The firm has a market cap of $1.95 billion, a price-to-earnings ratio of 24.50, a P/E/G ratio of 0.99 and a beta of 1.18. The company has a quick ratio of 0.92, a current ratio of 1.53 and a debt-to-equity ratio of 0.93. The company’s 50 day moving average is $28.45 and its 200-day moving average is $27.53.

MillerKnoll Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Saturday, August 31st will be paid a dividend of $0.1875 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a $0.75 dividend on an annualized basis and a yield of 2.76%. MillerKnoll’s dividend payout ratio is currently 67.57%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised MillerKnoll from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 3rd.

About MillerKnoll

MillerKnoll, Inc researches, designs, manufactures, and distributes interior furnishings worldwide. It operates through three segments: Americas Contract, International Contract & Specialty, and Global Retail. The company also provides seating products, furniture systems, other freestanding furniture elements, textiles, leather, felt, home furnishings and related services, casegoods, storage products, as well as residential, education, and healthcare furniture solutions.