MLR Stock Recent News

Q4 2024, Miller Industries reported disappointing results, including lower revenue and earnings, leading to a 15% stock drop and a 30% YTD decline. Net income grew 9% YoY in 2024, but profitability is expected to decrease in 2025, with EPS guidance revised down from $6 to $3 per share. Miller's growth is driven by an increasing number of vehicles on the road, more breakdowns, and rising car crash rates, with demand likely to continue.

Miller Industries, Inc. (NYSE:MLR ) Q4 2024 Earnings Conference Call March 6, 2025 10:00 AM ET Company Participants Mike Gaudreau - FTI Consulting Will Miller - President and Chief Executive Officer Deborah Whitmire - Executive Vice President and Chief Financial Officer Conference Call Participants Linda Umwali - D.A. Davidson Operator Good day, ladies and gentlemen, and welcome to the Miller Industries Fourth Quarter and Full Year 2024 Results Conference Call.

CHATTANOOGA, Tenn. , March 5, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) ("Miller Industries" or the "Company") today announced financial results for the fourth quarter and full year ended December 31, 2024.

Despite Miller Industries' strong trailing growth, high inventory levels and tough comparables signal potential challenges ahead. MLR stock's MACD indicator suggests a potential sell signal unless Q4 results impress investors. Miller's high retention ratio limits its scope for sustained above-average growth, raising concerns about long-term value creation.

CHATTANOOGA, Tenn. , Feb. 26, 2025 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR) intends to release its results for the Fourth Quarter and Full Year ended December 31, 2024, on Wednesday, March 5, 2025, after market close.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Shares of Miller Industries Inc (MLR, Financial) surged 4.60% in mid-day trading on Oct 2. The stock reached an intraday high of $63.90, before settling at $62.62, up from its previous close of $59.86.

Shares of Miller Industries Inc. have risen almost 48% year to date. The company has been added to the STAMPEDE list due to the ongoing activism campaign, according to DA Davidson.

CHATTANOOGA, Tenn. , Sept. 19, 2024 /PRNewswire/ -- Miller Industries, Inc. (NYSE: MLR), the World's Largest Manufacturer of Towing and Recovery Equipment, announced today that Chief Executive Officer, William Miller II, and Chief Financial Officer, Deborah Whitmire will host one-on-one meetings with investors at the D.A.

Miller Industries is a leading manufacturer of tow trucks with a variety of brands. The company's revenue and earnings have rebounded since the pandemic. Despite low valuation ratios, MLR is financially disciplined and undervalued, making it a buy.