Steelcase Reports Third Quarter Fiscal 2021 Results

Go back to Steelcase Reports Third Quarter Fiscal 2021 Results

UPDATE: Steelcase (SCS) Tops Q3 EPS by 5c, Offers Mixed Q4 Guidance

December 17, 2020 4:06 PM EST

(Updated - December 17, 2020 4:09 PM EST)

Steelcase (NYSE: SCS) reported Q3 EPS of $0.08, $0.05 better than the analyst estimate of $0.03. Revenue for the quarter came in at $617.5 million versus the consensus estimate of $628.8 million.

Outlook:

At the end of the third quarter, the companys backlog of customer orders was $545 million, or 15 percent lower than the prior year and includes approximately $60... More