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HNI faces test on Steelcase merger synergies and order growth

Earnings Whispers · ·by G4L

HNI
HNI HNI Corp
$49.75 +5.27%
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  1. 1HNI's projected EPS of $1.40 represents an approximately 27% increase in HNI EPS compared to HNI's EPS of $1.10 one year ago.
  2. 2The residential building products segment recorded a 20.4% margin last quarter.
  3. 3Management stated that order growth has accelerated faster than a 5% rate over the past five weeks.

So what's the key point?

HNI's earnings per share increased by 27% compared to last year. Orders are also growing quickly, which indicates the company is operating well.

Source Earnings Whispers · View original ↗

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