MillerKnoll shares are trading lower after the company reported worse-than-expected Q1 financial results and issued Q2 EPS guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
MillerKnoll shares declined following disappointing Q1 financial results and lower-than-expected Q2 EPS guidance.
September 20, 2024 | 7:49 pm
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NEGATIVE IMPACT
MillerKnoll's stock is trading lower due to disappointing Q1 financial results and Q2 EPS guidance that fell below expectations.
The company's Q1 financial performance was worse than expected, and the guidance for Q2 EPS was below analyst estimates. This negative news is likely to impact investor sentiment and result in a short-term decline in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100