HNI (NYSE:HNI) will be releasing its earnings data after the market closes on Monday, October 22nd. Analysts expect HNI to post earnings of $0.86 per share for the quarter. HNI has set its Q3 guidance at $0.80-0.90 EPS and its FY18 guidance at $2.35-2.55 EPS.

HNI (NYSE:HNI) last announced its earnings results on Monday, July 23rd. The business services provider reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.34 by $0.10. The company had revenue of $543.60 million during the quarter, compared to the consensus estimate of $525.00 million. HNI had a return on equity of 15.89% and a net margin of 4.13%. The company’s revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm earned $0.42 earnings per share. On average, analysts expect HNI to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of HNI stock opened at $38.61 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.23 and a quick ratio of 0.78. The stock has a market cap of $1.75 billion, a PE ratio of 19.60 and a beta of 1.39. HNI has a 1-year low of $31.16 and a 1-year high of $45.40.

Several analysts have recently weighed in on HNI shares. ValuEngine downgraded HNI from a “hold” rating to a “sell” rating in a research note on Tuesday, June 26th. TheStreet upgraded HNI from a “c+” rating to a “b-” rating in a research note on Tuesday, July 24th. Finally, Zacks Investment Research downgraded HNI from a “hold” rating to a “sell” rating in a research note on Thursday, July 26th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The company presently has a consensus rating of “Hold”.

In related news, Director Stanley A. Askren sold 15,000 shares of HNI stock in a transaction dated Monday, August 27th. The stock was sold at an average price of $44.03, for a total value of $660,450.00. Following the completion of the transaction, the director now directly owns 247,124 shares in the company, valued at $10,880,869.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Stanley A. Askren sold 25,212 shares of HNI stock in a transaction dated Monday, October 1st. The stock was sold at an average price of $42.56, for a total value of $1,073,022.72. Following the completion of the transaction, the director now owns 257,908 shares of the company’s stock, valued at $10,976,564.48. The disclosure for this sale can be found here. Insiders sold 66,424 shares of company stock valued at $2,852,585 over the last quarter. Insiders own 5.16% of the company’s stock.

HNI Company Profile

HNI Corporation manufactures and sells office furniture and hearth products in the United States, Canada, China, Hong Kong, India, Mexico, Dubai, and Taiwan. The company's Office Furniture segment offers a range of metal and wood commercial and home office furniture, which include storage products, desks, credenzas, chairs, tables, bookcases, freestanding office partitions and panel systems, and other related products under the HON, Allsteel, Maxon, Gunlocke, HBF, OFM, basyx by HON, Lamex, and HNI India brands.

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Earnings History for HNI (NYSE:HNI)

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