MillerKnoll (NASDAQ:MLKN) Updates FY25 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) issued an update on its FY25 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $1.81-1.87 for the period, compared to the consensus estimate of $2.12. The company issued revenue guidance of $3.618-3.658 billion, compared to the consensus revenue estimate of $3.71 billion. MillerKnoll also updated its FY 2025 guidance to 1.810-1.870 EPS.

Wall Street Analyst Weigh In

MLKN has been the topic of several recent research reports. StockNews.com upgraded MillerKnoll from a “hold” rating to a “buy” rating in a research report on Wednesday, January 15th. Sidoti raised shares of MillerKnoll to a “hold” rating in a research report on Tuesday.

MillerKnoll Stock Performance

Shares of MillerKnoll stock opened at $18.34 on Thursday. The firm has a market cap of $1.25 billion, a PE ratio of 20.15, a price-to-earnings-growth ratio of 0.89 and a beta of 1.22. MillerKnoll has a 1 year low of $17.83 and a 1 year high of $31.73. The firm’s 50-day simple moving average is $21.28 and its 200-day simple moving average is $23.16. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.99 and a current ratio of 1.60.

MillerKnoll (NASDAQ:MLKN) last issued its earnings results on Wednesday, March 26th. The company reported $0.44 EPS for the quarter, hitting the consensus estimate of $0.44. MillerKnoll had a return on equity of 10.74% and a net margin of 1.81%. The company had revenue of $876.20 million during the quarter, compared to analyst estimates of $918.88 million. During the same quarter last year, the firm earned $0.45 EPS. The business’s revenue was up .4% on a year-over-year basis. Equities analysts forecast that MillerKnoll will post 2.12 earnings per share for the current fiscal year.

MillerKnoll Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Saturday, March 1st will be given a $0.1875 dividend. This represents a $0.75 annualized dividend and a yield of 4.09%. The ex-dividend date of this dividend is Friday, February 28th. MillerKnoll’s dividend payout ratio (DPR) is 82.42%.

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.