MillerKnoll to Report Q2 Earnings After Missing Revenue Estimates Last Quarter

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MillerKnoll is set to announce its fiscal second-quarter earnings this Wednesday after market hours. Last quarter, the office furniture manufacturer reported revenues of $926.6 million, up 5.8% year on year, but missed analysts' revenue expectations and significantly missed EPS estimates. For the upcoming quarter, the market expects revenue growth of 1.3% year on year, a slowdown from the 8.2% increase recorded in the same quarter last year. Analysts have largely maintained their estimates over the past 30 days, and the company has missed Wall Street's revenue estimates multiple times over the last two years. MillerKnoll's stock price was unchanged over the last month, in line with the flat performance of the broader business services and supplies segment.

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MillerKnoll Inc
MLKN
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Company missed revenue and EPS estimates last quarter, and analysts expect a slowdown in revenue growth for the upcoming quarter.