Knoll, Inc. (NYSE:KNL) is set to announce third quarter earning results on Monday 26th October 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, KNL to report 3Q20 income of $ 0.20 per share.
For the full year, analysts anticipate top line of $ 1194.03 million, while looking forward to income of $ 1.02 per share bottom line.
Previous Quarter Performance
Knoll, Inc. unfold income for the second quarter of $ 0.19 per share, from the revenue of $ 274.10 million. The quarterly earnings dropped 60.42 percent compared with the same quarter last year. Wall street analysts are predicting, KNL to report 2Q20 income of $ 0.06 per share from revenue of $ 248.19 million. The bottom line results beat street analysts by $ 0.13 or 216.67 percent, at the same time, top line results outshined analysts by $ 25.91 million or 10.44 percent.
Stock Performance
On Friday, shares of Knoll, Inc. has traded high as $ 13.59 and has cracked $ 13.29 on the downward trend, reaching $ 13.39 with volume of 171.90 thousand shares.
According to the previous trading day, closing price of $ 13.39, representing a 70.54 % increase from the 52 week low of $ 7.74 and a 53.36 % decrease over the 52 week high of $ 28.30.
The company has a market capital of $ 678.98 million and is part of the Industrials sector and Business Equipment industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.06 per share on August 4, 2020. The dividend were payable on September 30, 2020 to holders of record as of the close of business on September 15, 2020 and ex-dividend date on September 14, 2020.
Conference Call
Knoll, Inc. will be hosting a conference call at 5:30 PM eastern time on 26th October 2020, to discuss its 3Q20 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.
