HNI HNI unveils its next round of earnings this Monday, October 19. Get prepared with Benzinga's ultimate preview for HNI's Q3 earnings.
Earnings and Revenue
Analysts predict HNI will report earnings of $0.46 per share on revenue of $496.50 million. In the same quarter last year, HNI reported earnings per share of $1.08 on sales of $625.39 million. If the company were to report earnings in line when it publishes results Monday, quarterly profit would be down 57.41%. Sales would be down 20.61% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 2020 | Q1 2020 | Q4 2020 | Q3 2019 |
|---|---|---|---|---|
| EPS Estimate | -0.31 | -0.05 | 1.05 | 1.07 |
| EPS Actual | 0.20 | 0.21 | 1.12 | 1.08 |
| Revenue Estimate | 379.94 M | 476.51 M | 626.24 M | 640.30 M |
| Revenue Actual | 417.46 M | 468.70 M | 616.08 M | 625.39 M |
Stock Performance
Over the last 52-week period, shares are down 6.06%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. HNI is scheduled to hold the call at 11:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/hni/mediaframe/41397/indexr.html
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