MillerKnoll Q4 Adj $0.41 Beats $0.39 Estimate, Sales $956.70M Beat $945.56M Estimate
Portfolio Pulse from Benzinga Newsdesk
MillerKnoll (NASDAQ:MLKN) reported Q4 earnings of $0.41 per share, beating the analyst consensus estimate of $0.39 by 5.13%. However, this is a 29.31% decrease from the same period last year. The company also reported quarterly sales of $956.70 million, beating the estimate of $945.56 million by 1.18%, but this is a 13.11% decrease from last year.
July 12, 2023 | 8:10 pm
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MillerKnoll's Q4 earnings and sales beat estimates but are down from last year. This mixed result could lead to uncertain market reactions.
MillerKnoll's earnings and sales beat estimates, which is generally positive for the stock. However, the YoY decrease in both earnings and sales could be a concern for investors, leading to potential uncertainty in the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100