Knoll, Inc. (NYSE:KNL) is reporting second quarter financial results on Thursday 23rd July 2020, after market close.
According to analysts surveyed by Thomson Reuters, KNL is expected to report 2Q20 income of $ 0.06 per share from revenue of $ 248.19 million.
For the full year, analysts anticipate top line of $ 1200.84 million, while looking forward to income of $ 1.07 per share bottom line.
Previous Quarter Performance
Knoll, Inc. announced income for the first quarter of $ 0.40 per share, from the revenue of $ 340.00 million. The quarterly earnings fell 2.44 percent compared with the same quarter last year. Wall street analysts are predicting, KNL to report 1Q20 income of $ 0.34 per share from revenue of $ 340.60 million. The bottom line results beat street analysts by $ 0.06 or 17.65 percent, at the same time, top line results fell short of analysts by $ 0.6 million or 0.18 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of KNL was $ 12.28, representing a 58.66 % increase from the 52 week low of $ 7.74 and a 56.61 % decrease over the 52 week high of $ 28.30.
The company has a market capital of $ 622.90 million and is part of the Industrials sector and Business Equipment industry.
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Recent Stock Dividend Announcement
On April 27, 2020, the board of directors authorized quarterly dividend of $ 0.04 per share to holders of record as of the close of business on June 15, 2020, with payment date of June 30, 2020 and ex-dividend date on June 12, 2020.
Conference Call
Knoll, Inc. will be hosting a conference call at 5:30 PM eastern time on 23rd July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.knoll.com
Knoll, Inc., together with its subsidiaries, designs, manufactures, markets, and sells commercial and residential furniture, accessories, and coverings for the workplace and residential markets in the United States, Canada, Europe, and internationally. The company operates through Office and Lifestyle segments. It offers systems furniture, including integrated panels or table desks, work surfaces and storage units, power and data systems, and lighting products; office seating products comprising various work chairs; and files and storage products, such as lateral files, mobile pedestals and other storage units, bookcases, and overhead cabinets.
