HERMAN MILLER (MLHR)

EARNINGS RELEASE - SEPTEMBER 16 (AMC)

EARNINGS EXPECTATIONS:  

     THIS QTR:   EPS:          .26/share     REV:  524.8/M
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     NEXT QTR:  EPS:          .49/share    REV:   568.5/M
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     FULL YR:     EPS:          1.79/share    REV:  2,250/M
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     LAST QTR:  EPS:           -.10/share     ACTUAL:   .11/share  (BEAT)

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BEAT/MISS RECORD:  80% OF THE TIME THEY BEAT ESTIMATES

PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %)  -10.3, 23.68, 18.29

EXPECTED JUMP MOVE THIS QUARTER:  10+%

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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.

Links To Latest News and Headlines

17 Dec, 2020 @ 17:30 by Yahoo! Finance

Image source: The Motley Fool. Herman Miller Inc (NASDAQ: MLHR)Q2 2021 Earnings CallDec 17, 2020, 9:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, and welcome to Herman Miller’s Second Quarter Earnings Conference Call.

The furniture maker beat earnings in the second quarter, and could very well beat again in the third.

17 Dec, 2020 @ 12:30 by Yahoo! Finance

NEW YORK, NY / ACCESSWIRE / December 17, 2020 / Herman Miller, Inc.

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly…

16 Dec, 2020 @ 21:05 by Yahoo! Finance

Retail and International momentum helps offset near-term demand pressures in North America Contract

StockJumpers analysis and trade plans are finalized and uploaded generally one house before market cloase (3PM EST) for most events unless noticed.

ANALYSIS:  

Price is up 7% from open with investors feeling this will be a positive release. We will be posting analysis at 1pm EST today on this trade.

We are biased long on this event, though concerned the move may be priced in. 

UPDATE: We remain long and will enter prior to close.

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OUR TRADE PLAN:

ENTRY:   BUY
STOP LOSS:  N/A
INITIAL PROFIT TARGET:  8%

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TRADE ASSIST:  N/A

POST RELEASE ACTION:  

There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory. 

Members who are too busy to manual trade can use Trade Assist. For more information visit here

Avg Daily Volume: 679,937    Market Cap: 1.42B
Sector: Consumer Goods    Short Interest: 4.38

Ticker delayed 20 minutes

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