Steelcase Fiscal Q4 Adjusted EPS, Revenue Rise; Q1 Guidance Set -- Shares Up After Hours

MT Newswires Live
27 Mar

Steelcase (SCS) reported fiscal Q4 adjusted earnings Wednesday of $0.26 per diluted share, up from $0.23 a year earlier.

Four analysts polled by FactSet expected $0.21 per diluted share.

Revenue for the quarter ended Feb. 28 was $788 million, up from $775.2 million a year earlier. Four analysts surveyed by FactSet expected $781.6 million.

The company set fiscal Q1 adjusted earnings guidance between $0.13 and $0.17 per diluted share. Four analysts expect $0.11.

The company expects revenue of $760 million to $785 million for the quarter. Four analysts expect $738.5 million

Steelcase shares were up more than 9% in after-hours session.

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