MillerKnoll reported third-quarter adjusted earnings per share (EPS) of $0.43, falling short of the analyst estimate of $0.45 and down from $0.44 in the same period last year. The company\’s revenue for the quarter was $926.6 million, which was below the expected $941.96 million but showed an increase from $876.2 million a year earlier.
Third-quarter orders totaled $931.6 million, marking a 9.2 percent increase year-over-year, driven by growth in the North America Contract and Global Retail segments.
For the fourth quarter, MillerKnoll projects EPS to be between $0.49 and $0.55, which is below the analyst forecast of $0.61 per share. The company also anticipates fourth-quarter revenue to range from $955.00 million to $995.00 million, potentially missing the analyst expectation of $993.20 million.
MillerKnoll, Inc. traded at $16.54 during post-market trading, compared with the regular close of $19.36. The stock traded in a range of $18.97 to $19.40 on volume of 697.53 thousand shares.
 is seeing its shares falling 14.57 percent in after-hours trading after announcing MillerKnoll Q3 earnings miss estimates.){kind=link}