Herman Miller Q3 Earnings Preview

Don't be caught off-guard: Herman Miller MLHR releases its next round of earnings this Wednesday, March 18.

Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for Wednesday's Q3 earnings announcement after the bell.

Earnings and Revenue

Herman Miller EPS will likely be near 69 cents while revenue will be around $679.45 million, according to analysts.

In the same quarter last year, Herman Miller posted EPS of 64 cents on sales of $619 million. The analyst consensus estimate would represent a 7.81% increase in the company's EPS figure. Revenue would be up 9.77% from the year-ago period. Here's how the company's EPS has stacked up against analyst estimates in the past:

 

Quarter Q2 2020 Q1 2020 Q4 2019 Q3 2019
EPS Estimate 0.870 0.780 0.770 0.6
EPS Actual 0.880 0.840 0.880 0.64

Stock Performance

Over the past 52-week period, shares of Herman Miller have declined 45.19%. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on Herman Miller stock is a Sell. The validity of this rating has dwindled over the past 90 days.

Conference Call

Herman Miller is scheduled to hold a conference call at 5:00 p.m. ET and can be accessed here: https://investors.hermanmiller.com/events-and-presentations

Market News and Data brought to you by Benzinga APIs
Posted In: EarningsNewsEarnings Previews
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...