Brief: STEELCASE REPORTS SECOND QUARTER FISCAL 2023 RESULTS

Steelcase

21/09/2022 21:52

Sept 21 (Reuters) - Steelcase Inc  SCS.N :
    * CO'S BACKLOG OF CUSTOMER ORDERS WAS ABOUT $946 MILLION AT
THE
END OF Q2 
    * STEELCASE REPORTS SECOND QUARTER FISCAL 2023 RESULTS
    * QTRLY REVENUE $863.3 MILLION VERSUS $724.8 MILLION
    * QTRLY EARNINGS PER SHARE $0.17
    * QTRLY ADJUSTED EARNINGS PER SHARE $0.21
    * SEES THIRD QUARTER FISCAL 2023 REVENUE TO BE IN THE RANGE
OF
$825 MILLION TO $850 MILLION
    * SEES  EARNINGS PER SHARE OF BETWEEN $0.08 TO $0.12 FOR THE
THIRD
QUARTER OF FISCAL 2023
    * SEES ADJUSTED EARNINGS PER SHARE OF BETWEEN $0.17 TO $0.21
FOR
THE THIRD QUARTER OF FISCAL 2023
    * CO ANNOUNCES ADDITIONAL REDUCTIONS IN PLANNED SPENDING AND
LOWER
QUARTERLY DIVIDEND DUE TO UNCERTAIN DEMAND ENVIRONMENT
    * Q2 EARNINGS PER SHARE VIEW $0.13, REVENUE VIEW $882.8
MILLION --
REFINITIV IBES DATA
    * FY2023 EARNINGS PER SHARE VIEW $0.58, REVENUE VIEW $3.32
BILLION
-- REFINITIV IBES DATA

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