MillerKnoll shares are trading lower after the company reported mixed Q3 financial results and issued Q4 adjusted EPS and revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
MillerKnoll reported mixed Q3 financial results and provided Q4 guidance for adjusted EPS and revenue that fell below analyst estimates, leading to a decrease in its share price.
March 28, 2024 | 11:06 am
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MillerKnoll's shares are trading lower due to mixed Q3 results and disappointing Q4 guidance.
The company's mixed Q3 financial performance coupled with its Q4 guidance falling below analyst expectations has negatively impacted investor sentiment, leading to a decrease in its share price. This is a direct result of concerns over the company's future profitability and growth prospects.
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