MillerKnoll (NASDAQ:MLKN) Updates Q2 2027 Earnings Guidance

MillerKnoll (NASDAQ:MLKN) updated its second quarter 2027 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 0.430-0.490 for the period, compared to the consensus EPS estimate of 0.460. The company issued revenue guidance of $972.0M-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion. MillerKnoll also updated its FY 2027 guidance to 1.850-2.150 EPS.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on MLKN shares. Wall Street Zen downgraded 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. Finally, Benchmark upgraded shares of MillerKnoll to a “hold” rating in a research note on Thursday, September 17th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

MillerKnoll Stock Down 1.2%

MLKN stock opened at $20.04 on Thursday. MillerKnoll has a one year low of $13.77 and a one year high of $24.71. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.90 and a current ratio of 1.65. The firm’s fifty day moving average is $22.50 and its 200 day moving average is $18.88. The firm has a market cap of $1.38 billion, a PE ratio of 14.21, a P/E/G ratio of 0.84 and a beta of 1.36.

MillerKnoll (NASDAQ:MLKN) last released its quarterly earnings results on Tuesday, September 22nd. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.18. The firm had revenue of $923.40 million for the quarter, compared to analysts’ expectations of $940.93 million. MillerKnoll had a net margin of 2.57% and a return on equity of 10.10%. The firm’s revenue for the quarter was down 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.45 EPS. MillerKnoll has set its FY 2027 guidance at 1.850-2.150 EPS and its Q2 2027 guidance at 0.430-0.490 EPS. On average, research analysts forecast that MillerKnoll will post 2.02 EPS for the current year.

MillerKnoll Dividend Announcement

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

Trending Headlines about MillerKnoll

Here are the key news stories impacting MillerKnoll this week:

• Positive Sentiment: Adjusted EPS of $0.53 exceeded the $0.35 analyst consensus and rose from $0.45 a year earlier, indicating effective cost control and stronger profitability. MillerKnoll Surpasses Q1 Earnings Estimates
• Positive Sentiment: Management highlighted margin expansion, disciplined expense management and execution as factors that offset softer demand. The earnings beat and maintained ability to generate cash could support the stock’s valuation. MillerKnoll Shines Despite Revenue Headwinds
• Neutral Sentiment: For fiscal 2027, MillerKnoll issued an EPS range of $1.85 to $2.15, broadly bracketing the $2.02 consensus. Second-quarter EPS guidance of $0.43 to $0.49 was also close to expectations of $0.46. MillerKnoll Releases FY 2027 Earnings Guidance
• Negative Sentiment: Quarterly revenue declined 3.4% year over year to $923.4 million and fell short of the $940.9 million consensus. The revenue miss suggests continued demand pressure across MillerKnoll’s markets. MillerKnoll Q1 2027 EPS Tops Expectations, Revenue Down 3%
• Negative Sentiment: Management forecast fiscal 2027 revenue of $3.9 billion to $4.0 billion, below or at the low end of the roughly $4.0 billion consensus, effectively lowering sales expectations. This softer outlook appears to be the main reason investors are discounting the earnings beat. MillerKnoll Fiscal Q1 Adjusted Earnings Rise, Net Sales Fall

MillerKnoll Company Profile

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.