MillerKnoll (NASDAQ:MLKN) Releases Quarterly Earnings Results, Beats Estimates By $0.18 EPS

MillerKnoll (NASDAQ:MLKN) issued its quarterly earnings results on Tuesday. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.18, FiscalAI reports. The business had revenue of $923.40 million for the quarter, compared to the consensus estimate of $940.93 million. MillerKnoll had a return on equity of 9.77% and a net margin of 2.38%. MillerKnoll updated its FY 2027 guidance to 1.850-2.150 EPS and its Q2 2027 guidance to 0.430-0.490 EPS.

MillerKnoll Trading Down 1.6%

Shares of MillerKnoll stock opened at $20.32 on Tuesday. The firm has a market cap of $1.40 billion, a PE ratio of 15.39, a P/E/G ratio of 0.85 and a beta of 1.36. MillerKnoll has a fifty-two week low of $13.77 and a fifty-two week high of $24.71. The company has a quick ratio of 0.90, a current ratio of 1.58 and a debt-to-equity ratio of 0.94. The business’s fifty day moving average is $22.52 and its two-hundred day moving average is $18.88.

MillerKnoll Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Stockholders of record on Saturday, August 29th will be given a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, August 28th. MillerKnoll’s payout ratio is currently 56.82%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Wall Street Zen lowered shares of MillerKnoll from a “buy” rating to a “hold” rating in a research report on Sunday, July 26th. Weiss Ratings upgraded MillerKnoll from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 11th. Benchmark upgraded MillerKnoll to a “hold” rating in a research report on Thursday, September 17th. Finally, Zacks Research raised shares of MillerKnoll from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 26th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, MillerKnoll presently has a consensus rating of “Hold”.

About MillerKnoll

MillerKnoll, Inc is a global design company that develops, manufactures and sells furnishings and related products for workplace, healthcare, education, hospitality and residential environments. Its portfolio includes furniture for offices and homes, seating, desks, tables, storage systems, lighting, textiles and accessories, as well as products intended to support collaboration and flexible workspaces.

The company operates a collection of design-focused brands, including Herman Miller, Knoll, Design Within Reach, Muuto, HAY, Maharam and Geiger.