|Bid||37.25 x 100|
|Ask||0.00 x 0|
|Day's Range||37.95 - 38.47|
|52 Week Range||29.95 - 41.85|
|PE Ratio (TTM)||18.09|
|Earnings Date||Sep 19, 2018 - Sep 24, 2018|
|Forward Dividend & Yield||0.72 (1.89%)|
|1y Target Est||43.00|
LONDON, UK / ACCESSWIRE / July 17, 2018 / If you want access to our free earnings report on Herman Miller, Inc. (NASDAQ: MLHR), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=MLHR. The Company reported its financial results on July 03, 2018, for the fourth quarter and full fiscal year ended June 02, 2018. The Company surpassed analysts' estimates for earnings and revenues in Q4 FY18.
The CEO discusses staying on-trend, cultivating the noncorporate side of the business, and having a nuanced plan to deal with rising costs.
Let's examine the charts and indicators before deciding on a course of action for the maker of office furniture, which also earns a look from Jim Cramer in his opening piece this morning. In this updated daily bar chart of MLHR, below, we can see a broad sideways market. If you look at the On-Balance-Volume (OBV) line you get an entirely different perspective -- a relatively smooth uptrend the past 12 months even with the big declines.
Record revenue during the fiscal fourth quarter of 2018 and a robust outlook for the first quarter of the new fiscal year also pleased shareholders.
The Michigan-based furniture maker posted its fourth quarter results of its fiscal 2018 after hours yesterday, unveiling net income of $32.2 million, amounting to roughly 53 cents per share. On an adjusted basis, Herman Miller reported earnings of 66 cents per share, which was stronger than the 58 cents per share that analysts were calling for in their consensus estimate, according to data compiled by a FactSet survey. For its fiscal first quarter of 2019, Herman Miller projects that it will bring in adjusted earnings in the range of 63 cents to 67 cents per share.
Stocks that moved substantially or traded heavily Tuesday: Campbell Soup Co., up 74 cents to $41.03 The New York Post reported that activist investor Dan Loeb is pushing for the soup maker to consider ...
The brewing trade war between the U.S. and its major trading partners may lead furniture maker Herman Miller Inc. to relocate some of its manufacturing if costs become prohibitive, Chief Financial Officer Jeff Stutz said. “We are obviously feeling the effects of tariffs that are putting pressure on our business as it stands today and have been all fiscal year,” Stutz said Tuesday in a phone interview. The Zeeland, Michigan-based creator of the ubiquitous office chair has plants in the U.S. and abroad, including China and the U.K. While the company has no concrete plans at this time, it could shift some manufacturing to other countries or find third-party companies in those regions to make products for them, Stutz said.
Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user ! Herman Miller, Inc. (NASDAQ: MLHR ) stock was trading ...
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Check out the companies making headlines after the bell: Herman Miller MLHR stock surged more than 11 percent in extended trading. The furniture company reported fourth-quarter earnings of 66 cents a share, besting analyst estimates for 58 cents a share.
On a per-share basis, the Zeeland, Michigan-based company said it had profit of 53 cents. Earnings, adjusted for non-recurring costs, came to 66 cents per share. The furniture maker posted revenue of $618 ...
MARKET PULSE Herman Miller Inc. (mlhr) shares surged in the extended session Monday after the furniture maker's quarterly results topped Wall Street estimates. Herman Miller shares rallied 13% after hours, following a 1.
ZEELAND, Mich. , June 2, 2018 /PRNewswire/ -- Record net sales of $618 million and strong, broad-based order growth of 9% Significant Consumer profitability improvement (+450 basis points over prior year) ...
Herman Miller (NASDAQ: MLHR ) releases its next round of earnings Monday. Here's Benzinga's essential guide to Herman Miller's Q4 earnings report. Earnings and Revenue Based on management's projections, ...
Order flow, consumer sales, European furnishings acquisitions, and of course, the effect of steel and aluminum tariffs should all be focal points for shareholders when Herman Miller next issues quarterly earnings.
Judging from the slick catalogues and glossy magazine spreads today, it’s easy to forget that modern furniture was once marketed as a time-saving solution to relieve women from hours of housework. A Herman Miller’s 1940’s promotional booklet titled “An (sic) History of Modern Furniture from Prehistoric Times to the Post War Era,” gives the straight…