Steelcase (SCS) Falls 5% Following Q2 Miss Amid Supply Chain Issues
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- FedEx falls 4% as FY2027 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Steelcase (SCS) Misses Q2 EPS by 3c; Raises Q3
September 22, 2021 4:06 PM EDTSteelcase (NYSE: SCS) reported Q2 EPS of $0.21, $0.03 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $724.8 million versus the consensus estimate of $763.62 million.
"Our second quarter order growth of 24 percent was better than we expected, and in some parts... More
