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Knoll (KNL) Tops Q4 EPS by 3c, Revenues Beat

February 6, 2019 4:29 PM

Knoll (NYSE: KNL) reported Q4 EPS of $0.57, $0.03 better than the analyst estimate of $0.54. Revenue for the quarter came in at $354.6 million versus the consensus estimate of $354.1 million.

“We are pleased to wrap up our 80th anniversary year with the highest quarterly revenues ever reported and our best adjusted EPS of the year,” commented Knoll Chairman and CEO Andrew Cogan. “Our efforts to diversify our sources of revenue into higher margin Lifestyle categories both organically and through acquisitions like Muuto, combined with efforts to improve the profitability of our Office segment, are leading to better than industry top line growth and margin expansion. We feel we are well positioned to continue to build on these initiatives and benefit from the trend to more social and hospitality-based workplaces in 2019 and beyond,” added Cogan.

For earnings history and earnings-related data on Knoll (KNL) click here.

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