Steelcase (SCS) Tops Q4 EPS by 3c, Offers Q1 and FY Guidance

Steelcase (NYSE: SCS) reported Q4 EPS of $0.29, $0.03 better than the analyst estimate of $0.26. Revenue for the quarter came in at $912.4 million versus the consensus estimate of $870.6 million.

GUIDANCE:

Steelcase sees Q1 2020 EPS of $0.16-$0.20, versus the consensus of $0.20. Steelcase sees Q1 2020 revenue of $830-855 million, versus the consensus of $828.7 million.

Steelcase sees FY2020 EPS of $1.20-$1.35, versus the consensus of $1.32.

• Organic revenue growth 2% - 6%

For earnings history and earnings-related data on Steelcase (SCS) click here.

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