Herman Miller (MLHR) Tops Q3 EPS by 2c

Herman Miller (NASDAQ: MLHR) reported Q3 EPS of $0.37, $0.02 better than the analyst estimate of $0.35. Revenue for the quarter came in at $516.4 million versus the consensus estimate of $571.83 million.

On an organic basis, which adjusts for acquisitions, divestitures, and foreign currency translation, sales in the third quarter increased 4.3% from the same quarter last fiscal year.

Looking forward, Herman Miller expects net sales in the fourth quarter of fiscal 2015 to be in the range of $530 million to $560 million. Diluted earnings per share in the quarter are expected to range between $0.39 and $0.43. The Street sees EPS of $0.47 and revs of $584.3 million.

For earnings history and earnings-related data on Herman Miller (MLHR) click here.

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