Steelcase Inc reports results for the quarter ended in February - Earnings Summary

Steelcase

23/03/2022 21:22

* Steelcase Inc  SCS.N  reported a quarterly adjusted loss
of 20
cents​​ per share for the quarter ended in February. The mean
expectation of five analysts for the quarter was for breakeven
results per share.
    * Revenue rose 11.2% to $753.10 million from a year ago; 
analysts
expected $752.70 million. 
    * Steelcase Inc's reported EPS for the quarter was a loss
of 20
cents​.
    * The mean earnings estimate of analysts had fallen by
about 84%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Steelcase Inc shares had risen by 3.8% this quarter.
    * The company reported a quarterly loss of $2.2 million.
    * Wall Street's median 12-month price target for Steelcase
Inc is
$15.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 23 at 09:21 p.m.  ​All
figures in US dollars unless otherwise stated