|Avg Daily Volume: 671,022 Market Cap: 1.99B |
Sector: Consumer Goods Short Interest: 1.96
THIS QTR: EPS: .18/share REV: 839.07/M
LAST QTR: EPS: .26/share ACTUAL: .29/share (BEAT)
NEXT QTR: EPS: .41/share REV: 948.9/M
FULL YR: EPS: 1.29/share REV: 3,710/M
*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS HISTORY: 55% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -14.13, 9.01, 19.81
POTENTIAL JUMP MOVE: 10-15%
Links To Latest News and Headlines
Zacks Value Trader Highlights: Bed Bath & Beyond, J.Jill, Herman Miller, Steelcase and Innovative Industrial Properties
The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 823 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of June 30th, when the S&P 500 Index was trading around the […]
Shares of office furniture maker Steelcase (NYSE: SCS) are looking kind of rusty Wednesday, falling 11.3% through 12:30 p.m. EDT, despite reporting strong sales and earnings for its fiscal second quarter last night. Heading into Q2, analysts had forecast that the company would earn $0.37 per share (pro forma) on sales of only $782.6 million. In fact, Steelcase says it earned $0.55 on sales of $818.8 million.
NEW YORK, NY / ACCESSWIRE / September 23, 2020/ Steelcase, Inc.
Steelcase (NYSE:SCS) reported Q2 results.Quarterly Results Earnings per share rose 10% over the past year to $0.55, which beat the estimate of $0.37.Revenue of $818,800,000 decreased by 17.96% year over year, which beat the estimate of $782,600,000.Guidance Steelcase Sees Q3 EPS $0.12-$0.18 Vs. $0.18 Est., Sales $690M-$725M Vs. $703.87M Est.Recent Stock Performance 52-week high: $23.02View more earnings on SCS52-week low was at $7.02Price action over last quarter: Up 9.88%Company Profile Steelcase Inc is a furniture company primarily based in the United States and has operations in Europe, the Middle East, and Africa. Steelcase markets its products primarily through a network of independent and company-owned dealers. The company operates through the Americas segment, the EMEA segment and the Other category. The Americas segment offers architecture, furniture and technology products is marketed to corporate, government, healthcare, education and retail customers, EMEA segment provides furniture systems, storage and seating solutions.See more from Benzinga * Earnings Scheduled For September 22, 2020 * Earnings Preview: Steelcase * Benzinga’s Top Upgrades, Downgrades For August 24, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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