MLHR
$35.80
Miller Herman
$.10
.28%

Earnings History

Earnings
Revenue
Reaction
Drift
EPS Below Estimates
Q 02/2013
12/19/2012
4:00:00 PM
$0.27 to $0.31
$0.34
$444.2 mill
-2.1%
8.8%
Guidance:
Consensus:
Herman Miller Guides Below Earnings Estimates

Herman Miller Inc. said it expects third quarter earnings of $0.27 to $0.31 per share on revenue of $430.0 million to $450.0 million. The current consensus earnings estimate is $0.34 per share on revenue of $444.2 million for the quarter ending February 28, 2013.
In-line Guidance
Q 05/2013
3/20/2013
4:00:00 PM
$0.34 to $0.38
$0.37
$448.9 mill
7.9%
9.4%
Guidance:
Consensus:
Herman Miller Guides In-line

Herman Miller, Inc. said it expects fourth quarter earnings of $0.34 to $0.38 per share on revenue of $430.0 million to $450.0 million. The current consensus earnings estimate is $0.37 per share on revenue of $448.9 million for the quarter ending May 31, 2013.
EPS Below Estimates
Q 08/2013
6/26/2013
4:00:00 PM
$0.36 to $0.41
$0.46
$471.5 mill
-0.1%
6.2%
Guidance:
Consensus:
Herman Miller Guides Below Earnings Estimates

Herman Miller, Inc. said it expects first quarter non-GAAP earnings of $0.36 to $0.41 per share on revenue of $455.0 million to $475.0 million. The current consensus earnings estimate is $0.46 per share on revenue of $471.5 million for the quarter ending August 31, 2013.
EPS & Revenue Below Estimates
Q 11/2013
9/18/2013
4:00:00 PM
$0.38 to $0.42
$0.45
$492.9 mill
3.4%
8.0%
Guidance:
Consensus:
Herman Miller Guides Below Estimates

Herman Miller, Inc. said it expects second quarter earnings of $0.38 to $0.42 per share on revenue of $460.0 million to $475.0 million. The current consensus earnings estimate is $0.45 per share on revenue of $492.9 million for the quarter ending November 30, 2013.
In-line Guidance
Q 02/2014
12/18/2013
4:00:00 PM
$0.30 to $0.36
$0.34
$461.1 mill
-2.2%
3.7%
Guidance:
Consensus:
Herman Miller Guides In-line

Herman Miller, Inc. said it expects third quarter earnings of $0.30 to $0.36 per share on revenue of $445.0 million to $465.0 million. The current consensus earnings estimate is $0.34 per share on revenue of $461.1 million for the quarter ending February 28, 2014.
In-line Guidance
Q 05/2014
3/19/2014
4:00:00 PM
$0.43 to $0.47
$0.43
$487.5 mill
9.3%
2.4%
Guidance:
Consensus:
Herman Miller Guides In-line

Herman Miller, Inc. said it expects fourth quarter earnings of $0.43 to $0.47 per share on revenue of $485.0 million to $505.0 million. The current consensus earnings estimate is $0.43 per share on revenue of $487.5 million for the quarter ending May 31, 2014.
EPS Below Estimates
Q 08/2014
6/25/2014
4:00:00 PM
$0.44 to $0.48
$0.50
$498.5 mill
-6.2%
4.3%
Guidance:
Consensus:
Herman Miller Guides Earnings Below Estimates

Herman Miller, Inc. said it expects first quarter earnings of $0.44 to $0.48 per share on revenue of $480.0 million to $500.0 million. The current consensus earnings estimate is $0.50 per share on revenue of $498.5 million for the quarter ending August 31, 2014.
EPS & Revenue Above Estimates
Q 11/2014
9/17/2014
4:01:00 PM
$0.50 to $0.54
$0.49
$522.7 mill
0.8%
-5.7%
Guidance:
Consensus:
Herman Miller Guides Above Estimates

Herman Miller, Inc. said it expects second quarter earnings of $0.50 to $0.54 per share on revenue of $550.0 million to $570.0 million. The current consensus earnings estimate is $0.49 per share on revenue of $522.7 million for the quarter ending November 30, 2014.
Revenue Below Estimates
Q 05/2015
3/2/2015
4:01:00 PM
$530.0 mil to $560.0 mil
$571.8 mil
-5.8%
-9.1%
Guidance:
Consensus:
Herman Miller Sees Revenue Below Estimates

Herman Miller, Inc. said it expects fourth quarter revenue of $530.0 million to $560.0 million. The current consensus revenue estimate is $571.8 million for the quarter ending May 31, 2015.
EPS Below Estimates
Q 05/2015
3/18/2015
4:01:00 PM
$0.39 to $0.43
$0.47
$554.3 mill
0.3%
-4.7%
Guidance:
Consensus:
Herman Miller Guides Earnings Below Estimates

Herman Miller, Inc. said it expects fourth quarter earnings of $0.39 to $0.43 per share on revenue of $530.0 million to $560.0 million. The current consensus earnings estimate is $0.47 per share on revenue of $554.3 million for the quarter ending May 31, 2015.
EPS Below Estimates
Q 08/2015
6/24/2015
4:01:00 PM
$0.44 to $0.48
$0.51
$564.4 mill
1.1%
-10.4%
Guidance:
Consensus:
Herman Miller Guides Earnings Below Estimates

Herman Miller, Inc. said it expects first quarter earnings of $0.44 to $0.48 per share on revenue of $545.0 million to $565.0 million. The current consensus earnings estimate is $0.51 per share on revenue of $564.4 million for the quarter ending August 31, 2015.
EPS & Revenue Above Estimates
Q 11/2015
9/16/2015
4:01:00 PM
$0.52 to $0.56
$0.50
$573.6 mill
2.3%
-8.1%
Guidance:
Consensus:
Herman Miller Guides Above Estimates

Herman Miller, Inc. said it expects second quarter earnings of $0.52 to $0.56 per share on revenue of $570.0 million to $590.0 million. The current consensus earnings estimate is $0.50 per share on revenue of $573.6 million for the quarter ending November 30, 2015.
In-line Guidance
Q 02/2016
12/16/2015
4:05:00 PM
$0.37 to $0.41
$0.41
$542.1 mill
1.0%
-4.7%
Guidance:
Consensus:
Herman Miller Guides In-line

Herman Miller, Inc. said it expects third quarter earnings of $0.37 to $0.41 per share on revenue of $535.0 million to $555.0 million. The current consensus earnings estimate is $0.41 per share on revenue of $542.1 million for the quarter ending February 29, 2016.
In-line Guidance
Q 05/2016
3/16/2016
4:05:00 PM
$0.51 to $0.55
$0.53
$577.5 mill
5.9%
5.3%
Guidance:
Consensus:
Herman Miller Guides In-line

Herman Miller, Inc. said it expects fourth quarter earnings of $0.51 to $0.55 per share, excluding a one-time benefit of $0.06 per share, on revenue of $560.0 million to $580.0 million. The current consensus earnings estimate is $0.53 per share on revenue of $577.5 million for the quarter ending May 31, 2016.
EPS In-line/Revenue Above
Q 08/2016
6/22/2016
4:05:00 PM
$0.60 to $0.64
$0.61
$589.3 mill
4.1%
-9.9%
Guidance:
Consensus:
Herman Miller Sees Revenue Above Estimates

Herman Miller, Inc. said it expects first quarter earnings of $0.60 to $0.64 per share on revenue of $600.0 million to $620.0 million. The current consensus earnings estimate is $0.61 per share on revenue of $589.3 million for the quarter ending August 31, 2016.
EPS & Revenue Below Estimates
Q 11/2016
9/21/2016
4:05:00 PM
$0.52 to $0.56
$0.59
$601.1 mill
-4.8%
-6.4%
Guidance:
Consensus:
Herman Miller Guides Below Estimates

Herman Miller, Inc. said it expects second quarter earnings of $0.52 to $0.56 per share on revenue of $580.0 million to $600.0 million. The current consensus earnings estimate is $0.59 per share on revenue of $601.1 million for the quarter ending November 30, 2016.
EPS & Revenue Below Estimates
Q 02/2017
12/21/2016
4:05:00 PM
$0.31 to $0.35
$0.46
$558.7 mill
-3.2%
6.3%
Guidance:
Consensus:
Herman Miller Guides Below Estimates

Herman Miller, Inc. said it expects third quarter earnings of $0.31 to $0.35 per share on revenue of $520.0 million to $540.0 million. The current consensus earnings estimate is $0.46 per share on revenue of $558.7 million for the quarter ending February 28, 2017.
EPS Above Estimates
Q 05/2017
3/22/2017
4:05:00 PM
$0.53 to $0.57
$0.50
$587.9 mill
8.0%
-0.9%
Guidance:
Consensus:
Herman Miller Guides Earnings Above Estimates

Herman Miller, Inc. said it expects fourth quarter earnings of $0.53 to $0.57 per share on revenue of $575.0 million to $595.0 million. The current consensus earnings estimate is $0.50 per share on revenue of $587.9 million for the quarter ending May 31, 2017.
In-line Guidance
Q 08/2017
7/5/2017
4:05:00 PM
$0.55 to $0.59
$0.56
$579.3 mill
8.3%
4.1%
Guidance:
Consensus:
Herman Miller Guides In-line

Herman Miller, Inc. said it expects first quarter earnings of $0.55 to $0.59 per share on revenue of $570.0 million to $590.0 million. The current consensus earnings estimate is $0.56 per share on revenue of $579.3 million for the quarter ending August 31, 2017.
In-line Guidance
Q 11/2017
9/20/2017
4:05:00 PM
$0.55 to $0.61
$0.58
$592.7 mill
-3.3%
6.3%
Guidance:
Consensus:
Herman Miller Guides In-line

Herman Miller, Inc. said it expects second quarter earnings of $0.55 to $0.61 per share on revenue of $590.0 million to $620.0 million. The current consensus earnings estimate is $0.58 per share on revenue of $592.7 million for the quarter ending November 30, 2017.
Date
Grade
Actual
Earnings
Whisper
Consensus
Estimate
Surprise
Growth
Gap
Drift
12/19/2012
4:00:00 PM
Nov '12
Q2 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.35
$441.80 Mil
-
$0.39
$467.33 Mil
-10.3%
-5.5%
-12.8%
-0.9%
-9.3%
8.8%
3/20/2013
4:00:00 PM
Feb '13
Q3 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$0.32
$423.50 Mil
-
$0.28
$439.30 Mil
14.3%
-3.6%
26.5%
5.9%
-0.6%
9.4%
6/26/2013
4:00:00 PM
May '13
Q4 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.43
$460.00 Mil
-
$0.36
$440.20 Mil
19.4%
4.5%
53.2%
9.3%
-2.6%
6.2%
9/18/2013
4:00:00 PM
Aug '13
Q1 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$0.43
$468.10 Mil
-
$0.38
$465.43 Mil
13.2%
0.6%
14.0%
4.1%
-1.5%
8.0%
12/18/2013
4:00:00 PM
Nov '13
Q2 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.42
$470.50 Mil
-
$0.41
$466.97 Mil
2.4%
0.8%
20.4%
6.5%
-0.7%
3.7%
3/19/2014
4:00:00 PM
Feb '14
Q3 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.34
$455.90 Mil
-
$0.34
$457.60 Mil
-
-0.4%
6.7%
7.7%
6.1%
2.4%
6/25/2014
4:00:00 PM
May '14
Q4 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.50
$487.50 Mil
-
$0.46
$496.57 Mil
8.7%
-1.8%
18.2%
6.0%
-5.7%
4.3%
9/17/2014
4:01:00 PM
Aug '14
Q1 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G A-
EPS
Rev
$0.47
$509.70 Mil
-
$0.46
$497.67 Mil
2.2%
2.4%
10.7%
8.9%
3.7%
-5.7%
12/17/2014
3:14:00 PM
Nov '14
Q2 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$0.51
$565.40 Mil
$0.52
$0.51
$560.73 Mil
-1.9%
0.8%
23.8%
20.2%
-5.1%
0.4%
3/18/2015
4:01:00 PM
Feb '15
Q3 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.37
$516.40 Mil
-
$0.34
$515.57 Mil
8.8%
0.2%
10.4%
13.3%
0.5%
-4.7%
6/24/2015
4:01:00 PM
May '15
Q4 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.47
$550.70 Mil
-
$0.40
$543.63 Mil
17.5%
1.3%
-5.2%
13.0%
6.0%
-10.4%
9/16/2015
4:01:00 PM
Aug '15
Q1 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.56
$565.40 Mil
-
$0.47
$562.27 Mil
19.1%
0.6%
18.8%
10.9%
9.8%
-8.1%
12/16/2015
4:05:00 PM
Nov '15
Q2 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.57
$580.40 Mil
-
$0.54
$581.15 Mil
5.6%
-0.1%
12.7%
2.7%
-1.4%
-4.7%
3/16/2016
4:05:00 PM
Feb '16
Q3 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.46
$536.50 Mil
-
$0.39
$544.40 Mil
17.9%
-1.5%
25.7%
3.9%
0.7%
5.3%
6/22/2016
4:05:00 PM
May '16
Q4 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$0.56
$582.60 Mil
$0.55
$0.52
$568.55 Mil
1.8%
2.5%
20.6%
5.8%
6.3%
-9.9%
9/21/2016
4:05:00 PM
Aug '16
Q1 '17
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$0.60
$598.60 Mil
-
$0.62
$614.20 Mil
-3.2%
-2.5%
8.4%
5.9%
-5.2%
-6.4%
12/21/2016
4:05:00 PM
Nov '16
Q2 '17
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$0.54
$577.50 Mil
-
$0.55
$593.95 Mil
-1.8%
-2.8%
-6.9%
-0.5%
-8.3%
6.3%
3/22/2017
4:05:00 PM
Feb '17
Q3 '17
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.39
$524.90 Mil
-
$0.33
$530.50 Mil
18.2%
-1.1%
-15.0%
-2.2%
8.7%
-0.9%
7/5/2017
4:05:00 PM
May '17
Q4 '17
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$0.64
$577.20 Mil
$0.56
$0.55
$583.65 Mil
14.3%
-1.1%
14.1%
-0.9%
7.0%
4.1%
9/20/2017
4:05:00 PM
Aug '17
Q1 '18
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$0.57
$580.30 Mil
$0.59
$0.58
$577.40 Mil
-3.4%
0.5%
-5.5%
-3.1%
-4.3%
6.3%
EPS
Rev
-
-
-
$0.58
$596.80 Mil
-
-
7.4%
3.3%
EPS
Rev
-
-
-
$0.47
$552.25 Mil
-
-
20.5%
5.2%
6/27/2012
$16.73
$1.37
$1.72 Bil
-
-
-
6/26/2013
$27.21
$1.47
$1.77 Bil
7.3%
2.9%
62.6%
6/25/2014
$31.68
$1.68
$1.88 Bil
14.3%
6.0%
16.4%
6/24/2015
$29.98
$1.82
$2.14 Bil
8.3%
13.8%
-5.4%
6/22/2016
$31.21
$2.17
$2.26 Bil
19.2%
5.7%
4.1%
7/5/2017
$30.85
$2.16
$2.28 Bil
-0.5%
0.6%
-1.2%
7/5/2018
$35.80
$2.32
$2.32 Bil
7.4%
1.8%
16.0%
7/5/2019
$39.52
$2.63
$2.42 Bil
13.4%
4.3%
10.4%
7/5/2020
-
$2.97
-
12.9%
-
-

Price Projection

Current Value
$35
-2%
Projected Price
$40
10%