Herman Miller Earnings Preview

It's time to get ready for Herman Miller earnings!

Don't be caught off-guard: Herman Miller MLHR releases its next round of earnings Wednesday, Dec. 20. Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for this Wednesday's earnings announcement after the bell.

Earnings and Revenue

Analysts are predicting Herman Miller will report earnings of 57 cents per share on revenue of $603 million.

In the same quarter last year, Herman Miller posted a profit of 55 cents per share on sales of $577 million. The current analyst consensus estimate would represent a 5.5 percent increase in the company's earnings. Sales would be up 4.55 percent on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Q2 EPS Estimate: 0.57
Q2 Revenues Estimate: $603 million

Stock Performance

Shares of Herman Miller were trading at $35.85 as of Dec.18. Shares are up 4.82 percent year to date. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. The most common rating by analysts on Herman Miller stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. Herman Miller's Q2 conference call can be accessed here. https://www.hermanmiller.com/global/en_apc/about-us/investors.html