Herman Miller Q3 Profit Up - Quick Facts

(RTTNews) - Herman Miller Inc. (MLHR) Wednesday reported third-quarter profit of $19.4 million or $0.33 per share, up from $16.5 million or $0.28 per share in the same period last year. Adjusted earnings for the quarter were $0.34 per share. On average, four analysts polled by Thomson Reuters expected the company to earn $0.34 per share for tyeh quarter. Analysts' estimates typically exclude special items.

Sales increased 7.7 percent to $455.9 million from $423.5 million last year. Analysts expected sales of $457.60 million.

Looking ahead to the fourth quarter the company has forecast earnings in the range of $0.43 to $0.47 per share, with revenues ranging between $485 million and $505 million. Analysts currently expect the company to earn $0.43 per share on fourth-quarter revenues of $487.53 million.