Steelcase Reports First Quarter Fiscal 2020 Results
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Steelcase (SCS) Misses Q1 EPS by 3c, Revenues Miss; Offers Q2 & FY20 EPS Mid-Point Guidance Above Consensus
June 19, 2019 4:09 PM EDTSteelcase (NYSE: SCS) reported Q1 EPS of $0.15, $0.03 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $824.3 million versus the consensus estimate of $839.07 million.
Revenue growth of 9 percent drove 18 percent growth in operating incomeOrder growth of 15 percent... More