HNI Corp (HNI) Expected to Announce Quarterly Sales of $620.70 Million

Wall Street analysts predict that HNI Corp (NYSE:HNI) will post sales of $620.70 million for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for HNI’s earnings. The highest sales estimate is $623.00 million and the lowest is $618.40 million. HNI posted sales of $599.46 million in the same quarter last year, which suggests a positive year-over-year growth rate of 3.5%. The business is scheduled to report its next quarterly earnings results on Monday, October 22nd.

According to Zacks, analysts expect that HNI will report full year sales of $2.28 billion for the current financial year, with estimates ranging from $2.27 billion to $2.28 billion. For the next fiscal year, analysts forecast that the company will post sales of $2.37 billion per share, with estimates ranging from $2.36 billion to $2.38 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that that provide coverage for HNI.



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