MillerKnoll (NASDAQ:MLKN) Updates FY 2027 Earnings Guidance

Key Points

• MillerKnoll issued FY 2027 guidance of $1.85–$2.15 in earnings per share and $3.9–$4.0 billion in revenue, broadly around analyst expectations. Q2 2027 EPS guidance was set at $0.43–$0.49.
• The company’s latest quarterly results exceeded expectations on earnings, reporting $0.53 EPS versus the $0.35 consensus estimate, though revenue of $923.4 million fell short of the $940.9 million estimate.
• Analyst sentiment remains cautious, with the stock carrying a consensus “Hold” rating. MillerKnoll also declared a quarterly dividend of $0.1875 per share, representing a 3.7% annualized yield.

MillerKnoll (NASDAQ:MLKN - Get Free Report) updated its FY 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.850-2.150 for the period, compared to the consensus estimate of 2.020. The company issued revenue guidance of $3.9 billion-$4.0 billion, compared to the consensus revenue estimate of $4.0 billion. MillerKnoll also updated its Q2 2027 guidance to 0.430-0.490 EPS.

Wall Street Analyst Weigh In

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

MillerKnoll Stock Performance

NASDAQ:MLKN opened at $20.32 on Tuesday. MillerKnoll has a twelve month low of $13.77 and a twelve month 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 firm's fifty day simple moving average is $22.52 and its 200 day simple moving average is $18.88. The stock has a market cap of $1.40 billion, a P/E ratio of 15.39, a price-to-earnings-growth ratio of 0.85 and a beta of 1.36.

MillerKnoll (NASDAQ:MLKN - Get Free Report) last issued its quarterly earnings data on Tuesday, September 22nd. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.35 by $0.18. The business had revenue of $923.40 million during the quarter, compared to analyst estimates of $940.93 million. MillerKnoll had a net margin of 2.38% and a return on equity of 9.77%. MillerKnoll has set its FY 2027 guidance at 1.850-2.150 EPS and its Q2 2027 guidance at 0.430-0.490 EPS. As a group, research analysts predict that MillerKnoll will post 2.02 EPS for the current year.

MillerKnoll Announces Dividend

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

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.

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