Steelcase Reports Third Quarter Fiscal 2019 Results

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Steelcase (SCS) Reports Q3 EPS of $0.36, Revenues Beat; Offers Q4 Revenue Mid-Point Guidance Above Consensus

December 18, 2018 4:10 PM EST

Steelcase (NYSE: SCS) reported Q3 EPS of $0.36, versus $0.22 reported last year. Revenue for the quarter came in at $901 million versus the consensus estimate of $898.17 million.

"The successful implementation of our growth strategies to broaden our product offering contributed to another quarter of strong organic revenue growth, which continued to outpace recent industry trends in the U.S. and many other markets, said Jim Keane, president and CEO. The 41 percent... More