Herman Miller Inc. (MLHR) reported third quarter adjusted EPS of $0.32 after the close Wednesday, which topped the consensus estimate of $0.28. The company expects to report fourth quarter adjusted EPS of $0.34 to $0.38. The consensus estimate is for EPS of $0.35.
Herman Miller spiked to the upside in early trade Thursday, but settled into a range for the majority of the session. Shares finished up by 2 points at $27.46, with volume at a 6-month high. The stock broke out of a 2-week trading range and set a new high for the year.
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