Steelcase: Q4 Earnings Insights

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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.

Earnings

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.

Past Earnings Performance

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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