Steelcase (SCS) Tops Q4 EPS by 1c; Offers Q1 Outlook
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Steelcase Reports Fourth Quarter Results
March 24, 2015 4:01 PM EDTOrganic Revenue Growth Driven by Strong Project Business
Quarterly Dividend Increased
GRAND RAPIDS, Mich., March 24, 2015 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported fourth quarter revenue of $749.9 million and net income of $22.8 million, or diluted earnings per share of $0.18. Excluding restructuring costs, adjusted earnings were $0.21 per share. In the prior year, Steelcase reported $779.4 million of revenue, diluted earnings per share of $0.19 and adjusted earnings of $0.18 per share.
Organic revenue growth over the prior year was 7 percent after adjusting for approximately $53.6 million... More
Steelcase Reports Fourth Quarter Results
March 24, 2015 4:01 PM EDTOrganic Revenue Growth Driven by Strong Project Business
Quarterly Dividend Increased
GRAND RAPIDS, Mich., March 24, 2015 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported fourth quarter revenue of $749.9 million and net income of $22.8 million, or diluted earnings per share of $0.18. Excluding restructuring costs, adjusted earnings were $0.21 per share. In the prior year, Steelcase reported $779.4 million of revenue, diluted earnings per share of $0.19 and adjusted earnings of $0.18 per share.
Organic revenue growth over the prior year was 7 percent after adjusting for approximately $53.6 million... More
