HNI Q3 2024 Adj. EPS $1.03 Beats $0.98 Estimate, Sales $672.200M Miss $712.629M Estimate
Portfolio Pulse from Benzinga Newsdesk
HNI reported Q3 2024 earnings per share of $1.03, surpassing the analyst estimate of $0.98. However, sales were $672.2 million, falling short of the $712.629 million estimate and down 5.54% from the previous year.
October 29, 2024 | 11:34 am
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HNI's Q3 2024 earnings per share exceeded expectations, but sales fell short and decreased compared to last year. This mixed result may lead to volatility in the stock price.
HNI's earnings per share exceeded expectations, which is positive for the stock. However, the sales miss and year-over-year decline could offset this positivity, leading to potential volatility in the stock price.
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