Steelcase (SCS) Updates Q3 Earnings Guidance
Steelcase (SCS) traded up 0.53% on Wednesday, hitting $9.55. Steelcase (SCS) has a 52-week low of $5.40 and a 52-week high of $10.50. The company has a market cap of $1.196 billion and a price-to-earnings ratio of 20.17.
Steelcase last issued its quarterly earnings data on Wednesday, September 19th. The company reported $0.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.19 by $0.06. The company had revenue of $744.90 million for the quarter, compared to the consensus estimate of $728.30 million. The company’s revenue for the quarter was up 6.3% on a year-over-year basis.
Steelcase Inc. (Steelcase) is engaged in furnishing the work experience in office environments. It designs for a variety of customer needs through three core brands: Steelcase, Turnstone and Coalesse.
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