Steelcase Reports First Quarter Fiscal 2022 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/13/2026
- S&P 500 notches record-high close as rate-hike worries ease
- Oil settles down 2% on weak demand outlook, hefty US crude build
- BofA lifts server CPU TAM to $210bn+ on the rise of AI agents
- Burry doubles down on Nebius short after stock surges 34% on earnings
- JPMorgan gets bullish on Salesforce, says concerns are "overblown"
- Exclusive-Silver Lake in talks to buy Workday, sources say
- Crude Inventory Rose 17.2 Million Barrels Last Week - EIA
- Citi agrees to acquire rewards platform Kard Financial
- Burry doubles down on Nebius short after stock surges 34% on earnings
- Total darkness, then sunset as full eclipse wows spectators in Spain
Steelcase (SCS) Tops Q1 EPS by 7c, Offers Q2 Guidance
June 23, 2021 4:09 PM EDTSteelcase (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