Steelcase Reports Third Quarter Fiscal 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/14/2026
- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
UPDATE: Steelcase (SCS) Tops Q3 EPS by 11c, Revenues Beat; Offers FY20 EPS Guidance Above Consensus, Q4 Revenue Views Below Consensus
December 17, 2019 4:08 PM EST(Updated - December 17, 2019 4:12 PM EST)
Steelcase (NYSE: SCS) reported Q3 EPS of $0.46, $0.11 better than the analyst estimate of $0.35. Revenue for the quarter came in at $955 million versus the consensus estimate of $934.7 million.
Operating margin increased 290 basis points to 7.9%; EPS improved 48% to $0.46Revenue grew 6% to $955 million, driven by strong organic growth in the AmericasEMEA delivers $7 million improvement in operating income and is profitable for the fiscal year to date"We're proud to deliver another quarter of outstanding results, including a 28% improvement in adjusted earnings and terrific... More
