Steelcase (SCS) Tops Q2 EPS by 12c, Revenues Beat; Offers 3Q & FY19 EPS Outlooks Above Consensus

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Go back to Steelcase (SCS) Tops Q2 EPS by 12c, Revenues Beat; Offers 3Q & FY19 EPS Outlooks Above Consensus

Steelcase Reports Second Quarter Fiscal 2019 Results

September 20, 2018 4:05 PM EDT

Earnings per share improved 32 percent compared to prior yearRevenue and orders grew by double-digit percentagesAcquisitions of Orangebox and Smith System provide additional growth potentialThird quarter outlook projects double-digit organic revenue growth

GRAND RAPIDS, Mich., Sept. 20, 2018 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported second quarter revenue of $875.8 million and net income of $49.1 million, or diluted earnings of $0.41 per share.  In the prior year, Steelcase reported $775.6 million of revenue and net income of $36.9 million, or diluted... More