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HNI: 3Q Earnings Snapshot

MUSCATINE, Iowa (AP) _ HNI Corp. (HNI) on Monday reported third-quarter earnings of $39.9 million.

The Muscatine, Iowa-based company said it had net income of 89 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, were 90 cents per share.

The maker of office furniture and fireplaces posted revenue of $611.1 million in the period.

For the current quarter ending in December, HNI expects its per-share earnings to range from 91 cents to $1.01.

The company expects full-year earnings in the range of $2.35 to $2.45 per share.

HNI shares have climbed slightly since the beginning of the year. In the final minutes of trading on Monday, shares hit $38.73, a drop of almost 10 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HNI at https://www.zacks.com/ap/HNI