MillerKnoll Q4 2024 Adj EPS $0.67 Beats $0.54 Estimate, Sales $888.900M Miss $898.675M Estimate
Portfolio Pulse from Benzinga Newsdesk
MillerKnoll (NASDAQ:MLKN) reported Q4 2024 adjusted EPS of $0.67, beating the analyst estimate of $0.54. However, sales of $888.9 million missed the $898.675 million estimate and were down 7.09% year-over-year.
June 26, 2024 | 8:08 pm
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MillerKnoll's Q4 2024 adjusted EPS of $0.67 beat expectations by 24.07%, but sales of $888.9 million missed estimates and were down 7.09% year-over-year.
While the EPS beat is a positive indicator, the sales miss and year-over-year decline in revenue could neutralize the positive impact on the stock price in the short term.
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