HNI: 3Q Earnings Snapshot
MUSCATINE, Iowa (AP) _ HNI Corp. (HNI) on Wednesday reported third-quarter net income of $46.1 million.
The Muscatine, Iowa-based company said it had profit of $1.07 per share. Earnings, adjusted for non-recurring costs and restructuring costs, were $1.08 per share.
The maker of office furniture and fireplaces posted revenue of $625.4 million in the period.
HNI expects full-year earnings in the range of $2.50 to $2.60 per share.
HNI shares have increased almost 8% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $38.17, a decline of 3% in the last 12 months.