Profile
Sector:
Consumer CyclicalIndustry:
Furnishings, Fixtures & AppliancesCountry:
United StatesIPO:
18 February 1998Website:
http://www.steelcase.comNext earnings report:
19 December 2024Last dividends:
30 September 2024Next dividends:
N/APrice
regular market | 10 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
SCS Latest News
The average of price targets set by Wall Street analysts indicates a potential upside of 28.1% in Steelcase (SCS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Ryder's share price is poised for growth, driven by the expanding service segments, particularly Supply Chain Solutions (SCS) and Dedicated Transportation Solutions (DTS). The service revenue segment is growing rapidly, now accounting for 66% of second-quarter revenue, with SCS and DTS projected to reach 60% of total revenue soon. Strategic acquisitions and technological advancements, such as Whiplash and RyderShare, enhance Ryder's capabilities in e-commerce and supply chain management, positioning it well for future growth.
"Our Work Toward Better Futures" Impact Report outlines goals and progress that demonstrate the organization's commitment to improving the wellbeing of people and the planet. GRAND RAPIDS, Mich.
Steelcase Inc.'s stock dropped 5.7% despite higher-than-expected earnings, due to revenue falling short and weak third-quarter guidance. Despite mixed financial results, Steelcase shares remain cheap on an absolute basis and relative to some peers, justifying a continued “buy” rating. Management expects modest revenue growth but lower earnings per share for the third quarter, yet remains optimistic about annual adjusted earnings.
Steelcase Inc. (NYSE:SCS ) Q2 2025 Results Conference Call September 19, 2024 8:30 AM ET Company Participants Mike O'Meara - Investor Relations Sara Armbruster - President & Chief Executive Officer Dave Sylvester - Senior Vice President & Chief Financial Officer Conference Call Participants Greg Burns - Sidoti Steven Ramsey - Thompson Research Group Reuben Garner - Benchmark Brian Gordon - Water Tower Research Operator Good morning. My name is Rob, and I will be your conference operator today.
Steelcase (SCS) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.31 per share a year ago.
Shares of Steelcase Inc. fell after hours on Wednesday after the office-furniture maker's third-quarter sales outlook came up short of Wall Street's estimates, amid weaker demand from big corporate customers and from China.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The collections reintroduce and reinterpret the architect's mid-century Usonian designs with fine modern furniture for home and the workplace. GRAND RAPIDS, Mich.
Steelcase (SCS) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
What type of business is 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. Its seating products comprise task chairs; seating for collaborative environments and casual settings; and specialty seating for specific vertical markets, including education and healthcare. The company's interior architectural products comprise full and partial height walls and architectural pods. It also provides textiles and surface imaging products for architects and designers; and workplace strategy consulting, lease origination, and furniture and asset management services. The company markets and sells its products to corporate, government, healthcare, education, and retail customers under the Steelcase, AMQ, Coalesse, Designtex, HALCON, Orangebox, Smith System, and Viccarbe brands. It distributes its products and services through a network of independent and company-owned dealers, as well as directly to end-use customers. The company was incorporated in 1912 and is headquartered in Grand Rapids, Michigan.
What sector is Steelcase in?
Steelcase is in the Consumer Cyclical sector
What industry is Steelcase in?
Steelcase is in the Furnishings, Fixtures & Appliances industry
What country is Steelcase from?
Steelcase is headquartered in United States
When did Steelcase go public?
Steelcase initial public offering (IPO) was on 18 February 1998
What is Steelcase website?
https://www.steelcase.com
Is Steelcase in the S&P 500?
No, Steelcase is not included in the S&P 500 index
Is Steelcase in the NASDAQ 100?
No, Steelcase is not included in the NASDAQ 100 index
Is Steelcase in the Dow Jones?
No, Steelcase is not included in the Dow Jones index
When was Steelcase the previous earnings report?
No data
When does Steelcase earnings report?
The next expected earnings date for Steelcase is 19 December 2024