Knoll (KNL) Posts Quarterly Earnings Results, Beats Expectations By $0.04 EPS
Knoll (NYSE:KNL) issued its quarterly earnings data on Friday. The company reported $0.26 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.22 by $0.04, StockRatingsNetwork reports. The company had revenue of $265.80 million for the quarter, compared to the consensus estimate of $251.97 million.
Shares of Knoll (NYSE:KNL) opened at 16.97 on Friday. Knoll has a 52 week low of $14.54 and a 52 week high of $20.10. The stock has a 50-day moving average of $17. and a 200-day moving average of $17.08. The company has a market cap of $800.3 million and a price-to-earnings ratio of 32.17.
A number of analysts have recently weighed in on KNL shares. Analysts at TheStreet downgraded shares of Knoll from a “buy” rating to a “hold” rating in a research note on Friday, June 6th. Finally, analysts at Raymond James reiterated an “outperform” rating on shares of Knoll in a research note on Monday, April 21st. They now have a $21.00 price target on the stock.
Knoll, Inc, is a designer and manufacturer of workplace furnishings, textiles and fine leathers. The Company operates in three segments: Office, Studio and Coverings.
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