What is Sidoti’s Estimate for MillerKnoll Q2 Earnings?

MillerKnoll, Inc. (NASDAQ:MLKN) – Stock analysts at Sidoti raised their Q2 2027 earnings estimates for MillerKnoll in a report released on Wednesday, September 23rd. Sidoti analyst G. Burns now forecasts that the company will earn $0.46 per share for the quarter, up from their prior estimate of $0.45. The consensus estimate for MillerKnoll’s current full-year earnings is $2.02 per share. Sidoti also issued estimates for MillerKnoll’s Q3 2027 earnings at $0.34 EPS, Q4 2027 earnings at $0.65 EPS, FY2027 earnings at $1.99 EPS, Q1 2028 earnings at $0.44 EPS, Q2 2028 earnings at $0.61 EPS, Q3 2028 earnings at $0.50 EPS, Q4 2028 earnings at $0.80 EPS and FY2028 earnings at $2.34 EPS.

Several other equities research analysts have also commented on the company. Weiss Ratings upgraded MillerKnoll from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. Wall Street Zen cut MillerKnoll from a “buy” rating to a “hold” rating in a research report on Sunday, July 26th. Finally, Benchmark raised 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 assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

MillerKnoll Stock Down 1.2%

MLKN opened at $20.04 on Thursday. The company has a market cap of $1.38 billion, a PE ratio of 14.21, a price-to-earnings-growth ratio of 0.84 and a beta of 1.36. MillerKnoll has a twelve month low of $13.77 and a twelve month high of $24.71. The company has a 50-day moving average price of $22.50 and a 200 day moving average price of $18.88. The company has a quick ratio of 0.90, a current ratio of 1.65 and a debt-to-equity ratio of 0.94.

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

MillerKnoll Dividend Announcement

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

Hedge Funds Weigh In On MillerKnoll

Institutional investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC purchased a new position in MillerKnoll during the second quarter worth approximately $41,000. Nykredit A S purchased a new stake in MillerKnoll in the 2nd quarter valued at $28,000. Amundi acquired a new stake in shares of MillerKnoll in the 2nd quarter worth $373,000. HighTower Advisors LLC acquired a new stake in shares of MillerKnoll in the 2nd quarter worth $236,000. Finally, Susquehanna Fundamental Investments LLC increased its stake in shares of MillerKnoll by 48.0% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 170,612 shares of the company’s stock worth $3,491,000 after acquiring an additional 55,307 shares during the last quarter. Hedge funds and other institutional investors own 87.50% of the company’s stock.

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

About MillerKnoll

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.