Steelcase (NYSE:SCS) Issues Quarterly Earnings Results

Steelcase (NYSE:SCS) released its quarterly earnings results on Wednesday. The business services provider reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.20 by $0.06, Zacks reports. The company had revenue of $788.00 million for the quarter, compared to analyst estimates of $790.90 million. Steelcase had a net margin of 3.63% and a return on equity of 14.20%. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.23 earnings per share. Steelcase updated its Q1 guidance to $0.13-0.17 EPS and its Q1 2026 guidance to 0.130-0.170 EPS.

Steelcase Stock Up 0.3 %

Steelcase stock opened at $10.62 on Thursday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.57 and a quick ratio of 1.21. The firm has a fifty day moving average price of $11.61 and a two-hundred day moving average price of $12.37. The firm has a market cap of $1.21 billion, a price-to-earnings ratio of 11.06, a P/E/G ratio of 1.25 and a beta of 1.33. Steelcase has a fifty-two week low of $10.30 and a fifty-two week high of $14.74.

Insider Buying and Selling

In other Steelcase news, VP Robert G. Krestakos sold 5,000 shares of the stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $11.74, for a total value of $58,700.00. Following the completion of the sale, the vice president now directly owns 114,481 shares of the company’s stock, valued at $1,344,006.94. This represents a 4.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 12.96% of the stock is owned by insiders.

About Steelcase

Steelcase Inc provides a portfolio of furniture and architectural products and services in the United States and internationally. It operates through Americas and International segments. The company's furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches, and tables, as well as complementary products, such as work accessories, lighting, mobile power, and screens.