Herman Miller, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next [Yahoo! Finance News]
Herman Miller, Inc. (MLHR)
Last herman miller, inc. earnings: 3/18 04:05 pm
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Source: Yahoo! Finance News
Last week, you might have seen that Herman Miller, Inc. NASDAQ:MLHR Check out our latest analysis for Herman Miller Taking into account the latest results, the current consensus from Herman Miller's only analyst is for revenues of US$2.76b in 2020, which would reflect a reasonable 4.7% increase on its sales over the past 12 months. Statutory earnings per share are expected to increase 3.0% to US$3.71. Before this earnings report, analysts had been forecasting revenues of US$2.75b and earnings per share EPS) of US$3.38 in 2020. So the consensus seems to have become somewhat more optimistic on Herman Miller's earnings potential following these results. The consensus price target was unchanged at US$43.00, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. In addition, we can look to Herman Miller's past performance and see whether business is expected to improve, and if the company is expected to perform better than
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