MillerKnoll Q1 Adj EPS $0.36 Misses $0.40 Estimate, Sales $861.50M Miss $889.30M Estimate
Portfolio Pulse from Benzinga Newsdesk
MillerKnoll reported Q1 earnings and sales that missed analyst estimates, with earnings per share at $0.36 versus the expected $0.40, and sales at $861.50 million versus the expected $889.30 million. Both figures also showed a decline compared to the same period last year.
September 19, 2024 | 8:06 pm
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MillerKnoll's Q1 earnings and sales missed analyst estimates, with EPS at $0.36 and sales at $861.50M, both declining from last year.
MillerKnoll's earnings per share and sales both missed analyst expectations, which is typically viewed negatively by investors. The decline in both metrics compared to the previous year further adds to the negative sentiment, likely leading to a short-term decrease in stock price.
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