MillerKnoll Sees FY24 Adj. EPS $1.70-$2.00 vs $1.81 Est.
Portfolio Pulse from Benzinga Newsdesk
MillerKnoll has projected its adjusted earnings per share (EPS) for FY24 to be between $1.70 and $2.00, compared to the estimated $1.81.
July 12, 2023 | 8:10 pm
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MillerKnoll's projected FY24 adjusted EPS is slightly lower at the bottom end and higher at the top end compared to the current estimate of $1.81.
The company's projected EPS for FY24 is within the range of the current estimate, indicating that the company's performance may be in line with expectations. However, the lower end of the range is slightly below the estimate, which could potentially lead to a negative market reaction if the company's actual EPS falls on the lower end of the range. Conversely, the higher end of the range is above the estimate, which could lead to a positive market reaction if the company's actual EPS falls on the higher end of the range.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100