Steelcase Reports Third Quarter Results

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Raymond James Downgrades Steelcase (SCS) to Market Perform

December 23, 2015 6:50 AM EST

Raymond James downgraded Steelcase (NYSE: SCS) from Strong Buy to Market Perform and removed its price target (prior $23.00).

For an analyst ratings summary and ratings history on Steelcase click here. For more ratings news on Steelcase click here.

Shares of Steelcase closed at $14.55 yesterday.

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Steelcase (SCS) Misses Q3 EPS by 2c; Guides Q4 EPS Below the Street

December 21, 2015 4:02 PM EST

Steelcase (NYSE: SCS) reported Q3 EPS of $0.30, $0.02 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $787.6 million versus the consensus estimate of $812.95 million.

"The Americas improved profitability in the third quarter despite slowing top line growth, and that... More