Miller Industries Q4 Earnings, Net Sales Decline; Sets 2025 Outlook -- Shares Fall After Hours

MT Newswires Live

Mar 06, 2025

Miller Industries (MLR) reported Q4 earnings late Wednesday of $0.91 per diluted share, down from $1.45 a year earlier.

A single analysts polled by FactSet expected $1.09.

Net sales for the quarter ended Dec. 31 fell to $221.9 million from $296.2 million a year earlier.

Two analysts surveyed by FactSet expected $290.3 million.

Miller said it expects full-year 2025 diluted EPS between $2.90 and $3.20 on revenue between $950 million and $1 billion. A single analyst surveyed by FactSet expects EPS of $5.94, while two analysts expect revenue of $1.42 billion.

The company's board increased the quarterly dividend by $0.01 to $0.20 per share, payable March 24 to shareholders of record March 17.

Shares of the company were down 8.5% in recent after-hours activity.

Price: 50.20, Change: -4.67, Percent Change: -8.51

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