Miller Industries (MLR) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Reported EPS
- $0.63
- Estimate
- $0.38
- Surprise
- +65.8%
- Revenue (period 2026-06-30)
- $240.0M
- Score at report (before → after)
- 5.5 → 5.4/10
Revenue source: xbrl.
How the report landed
Miller Industries (MLR) beat the $0.38 estimate with diluted EPS of $0.63 — a large 65.8% upside surprise. TrendMatrix's engine moved from Hold (5.5/10) to Sell at 5.4/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MLR Sell at 6.1/10.
3 of the last 4 quarters beat the estimate; this quarter's +65.8% surprise compares with a +526.3% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- Strong earnings beat streak (3/4)
- Attractive valuation
What argues against it
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.3)
- Sector modifier (Consumer Cyclical): -1.5
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $54.49
- Price target
- $58.29
- Stop
- $51.04
- Upside to target
- +7.0%
The stock trades at 43.8× trailing but 19.7× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-17 — shown for context, not personalized investment advice.
MLR at TrendMatrix's latest read
Cyclical consumer names live and die on demand momentum — same-quarter comps and guidance carry more weight than the headline surprise.
- Industry
- Auto Parts
- Market cap
- $621.0M
- P/E (fwd)
- 19.7
- P/E (ttm)
- 43.8
- 52-week range
- $35.72–$59.70
- Off 52-week high
- 8.7%
- RSI (14)
- 35
- Volume vs avg
- 0.73×
- Score today
- 6.1/10