Steelcase: Q4 Earnings Insights

Steelcase SCS reported its Q4 earnings results on Wednesday, March 20, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Steelcase beat estimated earnings by 10.0%, reporting an EPS of $0.23 versus an estimate of $0.21.

Revenue was down $26.50 million from the same period last year.

Last quarter the company beat on EPS by $0.07 which was followed by a 11.0% increase in the share price the next day.

Here's a look at Steelcase's past performance:

Quarter	Q3 2024	Q2 2024	Q1 2024	Q4 2023
EPS Estimate	0.23	0.20	0.01	0.11
EPS Actual	0.30	0.31	0.09	0.19
Revenue Estimate	798.65M	828.82M	718.15M	751.37M
Revenue Actual	777.90M	854.60M	751.90M	801.70M

To track all earnings releases for Steelcase visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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