MillerKnoll (NASDAQ:MLKN – Get Free Report) released its quarterly earnings results on Wednesday. The company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.01, Zacks reports. MillerKnoll had a return on equity of 10.93% and a net margin of 1.80%. The company had revenue of $970.40 million for the quarter, compared to analyst estimates of $959.60 million. During the same quarter last year, the firm posted $0.59 earnings per share. MillerKnoll’s revenue was up 2.2% compared to the same quarter last year.
MillerKnoll Stock Down 5.5 %
MillerKnoll stock opened at $23.00 on Friday. The company has a current ratio of 1.59, a quick ratio of 0.93 and a debt-to-equity ratio of 0.99. MillerKnoll has a 1-year low of $20.89 and a 1-year high of $31.73. The company has a fifty day simple moving average of $24.42 and a 200 day simple moving average of $26.15. The company has a market cap of $1.59 billion, a P/E ratio of 26.44, a price-to-earnings-growth ratio of 0.96 and a beta of 1.20.
MillerKnoll Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Saturday, November 30th will be given a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 3.26%. The ex-dividend date is Friday, November 29th. MillerKnoll’s dividend payout ratio is presently 86.21%.
Analysts Set New Price Targets
MillerKnoll Company Profile
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.
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