Steelcase Reports First Quarter Fiscal 2022 Results

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/18/2026

1. VRNS
2. CRWV
3. JBHT
4. TSLA
5. SCHW
6. GPRK
7. TRV
8. TFC
9. SPY
10. PNC

Go back to Steelcase Reports First Quarter Fiscal 2022 Results

Steelcase (SCS) Tops Q1 EPS by 7c, Offers Q2 Guidance

June 23, 2021 4:09 PM EDT

Steelcase (NYSE: SCS) reported Q1 EPS of ($0.24), $0.07 better than the analyst estimate of ($0.31). Revenue for the quarter came in at $566.6 million versus the consensus estimate of $554.8 million.

GUIDANCE:

Steelcase sees Q2 2021 EPS of $0.25-$0.30, versus the consensus of $0.22. Steelcase sees Q2 2021 revenue of $750-780 million, versus the consensus of $704 million.

At the end of the first quarter, the companys backlog of customer orders was approximately $624 million, which was 20 percent lower than the prior year, but approximately $175 million, or 39 percent higher than at the end of the fourth... More