Steelcase (NYSE:SCS) Announces Quarterly Earnings Results

Steelcase (NYSE:SCS) issued its earnings results on Wednesday. The business services provider reported $0.26 earnings per share 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 the consensus estimate of $790.90 million. Steelcase had a return on equity of 14.20% and a net margin of 3.63%. The firm’s quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.23 EPS. 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 firm’s 50 day moving average price is $11.61 and its two-hundred day moving average price is $12.37. The firm has a market cap of $1.21 billion, a PE ratio of 11.06, a P/E/G ratio of 1.25 and a beta of 1.33. Steelcase has a twelve month low of $10.30 and a twelve month high of $14.74. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.21 and a current ratio of 1.57.

Insider Activity

In other news, VP Robert G. Krestakos sold 5,000 shares of Steelcase stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $11.74, for a total transaction of $58,700.00. Following the completion of the sale, the vice president now directly owns 114,481 shares in the company, valued at $1,344,006.94. The trade was a 4.18 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 12.96% of the stock is currently owned by corporate insiders.

Steelcase Company Profile

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.