Shares of Steelcase tumbled after the company posted lower-than-expected revenue in its fiscal second quarter and guided for a downbeat third quarter. The stock fell 11% to $12.68 in after-hours ...
Steelcase (SCS) delivered earnings and revenue surprises of 5.41% and 0.81%, respectively, for the quarter ended August 2024. Do the numbers hold clues to what lies ahead for the stock?
For its fiscal third quarter, Steelcase guided for revenue between $785 million and $810 million, per-share earnings between 18 cents and 22 cents, and adjusted per-share earnings between 21 cents and ...
For the current quarter ending in November, Steelcase expects its per-share earnings to range from 21 cents to 25 cents. The company said it expects revenue in the range of $785 million to $810 ...