MillerKnoll (NASDAQ:MLKN) Updates Q2 2027 Earnings Guidance

Key Points

• MillerKnoll issued Q2 fiscal 2027 guidance of $0.43–$0.49 in EPS and $972 million–$1.0 billion in revenue, compared with analyst estimates of $0.46 EPS and $1.0 billion in revenue. Full-year EPS guidance remains $1.85–$2.15.
• The company’s latest quarter exceeded profit expectations, reporting $0.53 EPS versus the $0.35 consensus estimate, although revenue of $923.4 million fell short of the $940.9 million forecast.
• Shares opened down 1.6% at $20.32, while analysts maintain a broadly neutral outlook with an average “Hold” rating. MillerKnoll also declared a quarterly dividend of $0.1875, implying a 3.7% annualized yield.

MillerKnoll (NASDAQ:MLKN - Get Free Report) updated its second quarter 2027 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.430-0.490 for the period, compared to the consensus 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.

Analysts Set New Price Targets

A number of research firms have recently issued reports on MLKN. Wall Street Zen lowered MillerKnoll from a "buy" rating to a "hold" rating in a report on Sunday, July 26th. Weiss Ratings upgraded shares of MillerKnoll from a "hold (c)" rating to a "hold (c+)" rating in a research note on Tuesday, August 11th. Benchmark raised shares of MillerKnoll to a "hold" rating in a report on Thursday, September 17th. Finally, Zacks Research upgraded shares of MillerKnoll from a "strong sell" rating to a "hold" rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold".

MillerKnoll Trading Down 1.6%

MLKN opened at $20.32 on Tuesday. The company has a current ratio of 1.58, a quick ratio of 0.90 and a debt-to-equity ratio of 0.94. The stock has a market capitalization of $1.40 billion, a PE ratio of 15.39, a PEG ratio of 0.85 and a beta of 1.36. MillerKnoll has a 1-year low of $13.77 and a 1-year high of $24.71. The firm has a 50-day moving average price of $22.52 and a two-hundred day moving average price of $18.88.

MillerKnoll (NASDAQ:MLKN - Get Free Report) last announced its earnings results on Tuesday, September 22nd. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.35 by $0.18. MillerKnoll had a net margin of 2.38% and a return on equity of 9.77%. The company had revenue of $923.40 million for the quarter, compared to analyst estimates of $940.93 million. 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, equities analysts anticipate that MillerKnoll will post 2.02 earnings per share for the current fiscal year.

MillerKnoll Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders 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 yield of 3.7%. The ex-dividend date is Friday, August 28th. MillerKnoll's dividend payout ratio (DPR) is presently 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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