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HNI Corp. (HNI) Reports Strong Q3 Results; Raises FY11 Guidance

October 19, 2011 5:04 PM
HNI Corp. (NYSE: HNI) reported Q3 EPS of $0.55, $0.14 better than the analyst estimate of $0.41. Revenue for the quarter came in at $504.2 million versus the consensus estimate of $491.38 million.

Sees Q4 sales up 2-5%.

HNI Corp. sees FY2011 EPS of $1.00-$1.05, versus prior guidance of $0.90-$1.00 and the consensus of $0.94.

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