Steelcase (SCS) Misses Q2 EPS by 3c; Raises Q3

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Go back to Steelcase (SCS) Misses Q2 EPS by 3c; Raises Q3

Steelcase (SCS) Falls 5% Following Q2 Miss Amid Supply Chain Issues

September 22, 2021 4:31 PM EDT

Steelcase (NYSE: SCS) shares were trading around 5% lower after-hours following the companys reported Q3 results, with EPS coming in at $0.21, missing the Street estimate of $0.24.

Quarterly revenue fell 11% to $724.8 million (vs. consensus of $763.62 million) impacted by supply chain disruptions, which are... More