Skip to main content

Market Overview

HNI: Q4 Earnings Insights

Share:

 

Shares of HNI (NYSE:HNI) traded flat in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 41.07% year over year to $0.66, which beat the estimate of $0.60.

Revenue of $562,139,000 decreased by 8.76% from the same period last year, which missed the estimate of $572,830,000.

Guidance

HNI hasn't issued any earnings guidance for the time being.

HNI hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Mar 01, 2021

Time: 11:00 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.hnicorp.com%2F&eventid=2952654&sessionid=1&key=4A56B7D5442A8C604C8A2729B6FEC7DE&regTag=&V2=false&sourcepage=register

Price Action

Company's 52-week high was at $41.80

52-week low: $16.61

Price action over last quarter: down 2.49%

Company Overview

HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its office furniture segment, which consists of products such as panel-based and freestanding furniture systems and complementary products. These products are sold primarily through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. The hearth segment consists of products including gas-, wood-, and pellet-burning fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, mainland China, Hong Kong, India, and Taiwan.

 

Related Articles (HNI)

View Comments and Join the Discussion!

Posted-In: BZI-RecapsEarnings News

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com