====Herman Miller (MLHR) reported earnings on Mon 2 July 18 (a/h)

Herman Miller beats by $0.08, beats on revs; guides Q1 EPS in-line, revs mostly above consensus; increases dividend 10% 

• Reports Q4 (May) earnings of $0.66 per share, excluding non-recurring items, $0.08 better than the Capital IQ Consensus of $0.58; revenues rose 7.1% year/year to $618 mln vs the $601.1 mln Capital IQ Consensus.
• Co issues guidancefor Q1, sees EPS of $0.63-0.67, excluding non-recurring items, vs. $0.65 Capital IQ Consensus Estimate; sees Q1 revs of $610-630 mln vs. $612.60 mln Capital IQ Consensus Estimate. 
• Co also announced an increase in its quarterly cash dividend to $0.1975 per share payable in October 2018. This change represents an increase of 10% from the previous dividend payout of $0.18 per share.