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

Steelcase

16/12/2021 21:45

* Steelcase Inc  SCS.N  reported quarterly adjusted earnings of
8 cents​​ per share for the quarter ended in November. The mean
expectation of four analysts for the quarter was for earnings of
9 cents per share.
* Revenue rose 19.5% to $738.20 million from a year ago; 
analysts expected $767.63 million. 
* Steelcase Inc's reported EPS for the quarter was 8 cents​.
* The mean earnings estimate of analysts had fallen by
about 14.3% 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 fallen by 8.9% this quarter and
lost 14.8% so far this year.
* The company reported quarterly net income of $9.6 million.
* Wall Street's median 12-month price target for Steelcase Inc
is $16.50 
* 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 December 16 at 09:44 p.m.
 ​All figures in US dollars unless otherwise stated