MillerKnoll, Inc. reports results for the quarter ended August 31 - Earnings Summary

• MillerKnoll, Inc. reported quarterly adjusted earnings of 55 cents​​ per share for the quarter ended August 31, lower than the same quarter last year, when the company reported EPS of 60 cents. The mean expectation of four analysts for the quarter was for earnings of 36 cents per share. Wall Street expected results to range from 34 cents to 36 cents per share.

• Revenue rose 4.4% to $1.00 billion from a year ago; analysts expected $973.87 million.

• MillerKnoll, Inc.'s reported EPS for the quarter was 38 cents​.

• The company reported quarterly net income of $23.6 million.

• MillerKnoll, Inc. shares had fallen by 0.7% this quarter and gained 11.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 31.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support supplies peer group is also "buy"

• Wall Street's median 12-month price target for MillerKnoll, Inc. is $35.00, about 41.9% above its last closing price of $20.32

This summary was machine generated from LSEG data September 22 at 03:08 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)