Miller Industries (NYSE:MLR) Issues FY 2025 Earnings Guidance

Miller Industries (NYSE:MLR) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.900-3.200 for the period, compared to the consensus earnings per share estimate of 5.940. The company issued revenue guidance of $950.0 million-$1.0 billion, compared to the consensus revenue estimate of $1.4 billion.

Miller Industries Stock Up 0.2 %

Shares of Miller Industries stock traded up $0.10 on Wednesday, hitting $54.72. 161,165 shares of the company traded hands, compared to its average volume of 82,333. Miller Industries has a 12-month low of $44.54 and a 12-month high of $78.25. The company has a quick ratio of 1.46, a current ratio of 2.12 and a debt-to-equity ratio of 0.16. The company has a market cap of $625.96 million, a PE ratio of 9.07 and a beta of 0.97. The company has a 50-day moving average price of $64.46 and a 200 day moving average price of $65.11.

Miller Industries (NYSE:MLR) last issued its earnings results on Wednesday, March 5th. The auto parts company reported $0.91 EPS for the quarter, missing analysts’ consensus estimates of $1.09 by ($0.18). Miller Industries had a net margin of 5.23% and a return on equity of 18.76%. Sell-side analysts predict that Miller Industries will post 5.68 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on MLR shares. DA Davidson reaffirmed a “buy” rating and set a $82.00 price objective on shares of Miller Industries in a research report on Friday, November 15th. StockNews.com lowered shares of Miller Industries from a “buy” rating to a “hold” rating in a research note on Wednesday, November 13th.

Miller Industries Company Profile

Miller Industries, Inc, together with its subsidiaries, manufactures and sells towing and recovery equipment. The company offers wreckers that are used to recover and tow disabled vehicles and other equipment; and car carriers, which are specialized flat-bed vehicles with hydraulic tilt mechanisms, which are used to transport new or disabled vehicles and other equipment.