Edition:
United Kingdom

HNI Corp reports Q3 earnings per share $0.84


Monday, 23 Oct 2017 

Oct 23 (Reuters) - HNI Corp :HNI Corporation reports earnings for third quarter fiscal year 2017.Sees Q4 non-gaap earnings per share $0.38 to $0.45 excluding items.Sees FY 2017 non-gaap earnings per share $1.88 to $1.95 excluding items.Q3 non-gaap earnings per share $0.82.Q3 gaap earnings per share $0.84.Q3 sales $599.5 million versus I/B/E/S view $585.1 million.Q3 earnings per share view $0.80 -- Thomson Reuters I/B/E/S.Sees FY 2018 non-gaap earnings per share $2.15 to $2.65.HNI Corp - ‍for Q4 2017, corporation expects sales to be flat to down 3 percent​.HNI Corp - ‍Q4 organic sales, which exclude impacts of acquisitions and divestitures, are expected to be flat to up 3 percent​.HNI Corp - "‍we are expecting a significant decline in our q4 profit​".Q4 earnings per share view $0.96, revenue view $601.2 million -- Thomson Reuters I/B/E/S.HNI -Lower Q4 volume in supplies-driven business, higher costs related to operational transformations,among others, primarily driving reduced outlook​.HNI Corp - ‍estimates full year 2018 consolidated organic net sales up 2 to 5 percent​. 

Company Quote

34.95
0.89 +2.61%
12 Dec 2017