Despite beating EPS estimates by 51.43%, the company missed revenue expectations and received a Zacks Rank #4 (Sell) rating due to unfavorable estimate revision trends. The stock has underperformed the S&P 500 year-to-date (11.2% vs 13.4%), and the furniture industry outlook is weak, ranking in the bottom 23% of industries.
Articles that tag MLKN but are mainly about other companies.
Company missed revenue estimates ($923.4M vs $942.7M expected) and shares declined 0.2%
Expected to report a 22.2% year-over-year earnings decline with consensus EPS estimates revised 10.5% lower over the last 30 days. Revenue is also expected to decline 1.4% year-over-year, indicating weakening performance in an already struggling furniture industry.
MillerKnoll faces headwinds with expected earnings declining 22.2% year-over-year and revenues down 1.4%. The consensus EPS estimate has been revised 10.5% lower over the past 30 days, indicating deteriorating expectations and negative momentum ahead of the September 22 earnings report.
Subject of securities investigation by Johnson Fistel, indicating potential compliance issues with federal securities laws and investor losses.
Subject of securities fraud investigation by Johnson Fistel on behalf of investors, indicating potential compliance issues and investor losses.
Slumped 19.16% after reporting worse-than-expected Q3 results and issuing weak Q4 guidance; maintains weak trend with poor growth score
Articles and sentiment ratings from Massive / Polygon. Sentiment is the provider's model rating for this company, not Gainbot's view.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology
