Miller Industries Inc (MLR) Q4 2024 Earnings Report Preview: What To Look For

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Mar 04, 2025
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Miller Industries Inc (MLR, Financial) is set to release its Q4 2024 earnings on Mar 5, 2025. The consensus estimate for Q4 2024 revenue is $290.30 million, and the earnings are expected to come in at $1.09 per share. The full year 2024's revenue is expected to be $1.33 billion and the earnings are expected to be $5.68 per share. More detailed estimate data can be found on the Forecast page.

Miller Industries Inc (MLR, Financial) Estimates Trends

Revenue estimates for Miller Industries Inc (MLR) have remained flat at $1.33 billion for the full year 2024 and at $1.42 billion for 2025 over the past 90 days. Earnings estimates have also remained flat at $5.68 per share for the full year 2024 and at $5.94 per share for 2025 over the same period.

Miller Industries Inc (MLR, Financial) Reported History

In the previous quarter ending on 2024-09-30, Miller Industries Inc's (MLR) actual revenue was $314.27 million, which beat analysts' revenue expectations of $297.65 million by 5.58%. Miller Industries Inc's (MLR) actual earnings were $1.33 per share, which met analysts' earnings expectations. After releasing the results, Miller Industries Inc (MLR) was down by 10.43% in one day.

Miller Industries Inc (MLR, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 2 analysts, the average target price for Miller Industries Inc (MLR) is $78.00 with a high estimate of $82.00 and a low estimate of $74.00. The average target implies an upside of 40.92% from the current price of $55.35.

Based on GuruFocus estimates, the estimated GF Value for Miller Industries Inc (MLR, Financial) in one year is $55.18, suggesting a downside of 0.31% from the current price of $55.35.

Based on the consensus recommendation from 2 brokerage firms, Miller Industries Inc's (MLR, Financial) average brokerage recommendation is currently 2.5, indicating an "outperform" status. The rating scale ranges from 1 to 5, where 1 signifies strong buy, and 5 denotes sell.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.