Steelcase Inc. (SCS) Q1 2026 Earnings Call Transcript
Steelcase Inc. (NYSE:SCS ) Q1 2026 Earnings Conference Call June 26, 2025 8:30 AM ET Company Participants David C. Sylvester - Senior VP & CFO Michael O'Meara - Director of Investor Relations & Financial Planning and Analysis Sara E.
Steelcase (SCS) Q1 Earnings and Revenues Surpass Estimates
Steelcase (SCS) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.16 per share a year ago.
Office-furniture maker Steelcase cut jobs in the first quarter. And more cuts could be coming.
Shares of Steelcase Inc. fell after hours on Wednesday, after the office-furniture maker's second-quarter outlook disappointed investors, amid weaker demand from its government customers and in Europe that could bring more cuts after a recent round of layoffs.
Steelcase: Backlog Strength, Office Recovery, Diversification Efforts, And Low Valuation
Steelcase Inc. has strong growth potential driven by improving order trends, a robust backlog, and diversification into healthcare, education, and SMB markets. Despite near-term margin headwinds from tariffs and ERP system implementation, cost reduction initiatives and pricing increases should support future margin expansion. The stock trades at a significant discount to its historical average, offering a compelling buy opportunity given its growth prospects and healthy dividend yield.
Wall Street Analysts Believe Steelcase (SCS) Could Rally 48.34%: Here's is How to Trade
The consensus price target hints at a 48.3% upside potential for Steelcase (SCS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Steelcase (SCS) Upgraded to Buy: What Does It Mean for the Stock?
Steelcase (SCS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Are Investors Undervaluing Steelcase (SCS) Right Now?
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.
Steelcase Inc. (SCS) Q4 2025 Earnings Call Transcript
Steelcase Inc. (NYSE:SCS ) Q4 2025 Earnings Conference Call March 27, 2025 8:30 AM ET Company Participants Mike O'Meara - Director, Investor Relations and Financial Planning and Analysis Sara Armbruster - President and Chief Executive Officer David Sylvester - Senior Vice President and Chief Financial Officer Conference Call Participants Gregory Burns - Sidoti & Company Joseph Gomes - Noble Capital Markets Steven Ramsey - Thompson Research Group Reuben Garner - The Benchmark Company Operator Good morning. My name is Rob and I will be your conference operator today.
Steelcase (SCS) Tops Q4 Earnings and Revenue Estimates
Steelcase (SCS) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.23 per share a year ago.
How To Earn $500 A Month From Steelcase Stock Ahead Of Q4 Earnings
Steelcase Inc. SCS will release its fourth-quarter financial results after the closing bell on Wednesday, March 26.
Steelcase: Boring Value For A Hot Market
The return to office and revenue growth in office furniture has yet to really play out. Steelcase has improved margins and its balance sheet considerably anyway, appears to be taking market share, and its stock is cheap. Should a return to growth materialize, the stock will do very well.
Steelcase: Trying To Position Away From Corporate Offices
Steelcase reported stronger growth in Q3 due to stronger shipment timings, but expects to return back to weak organic growth in Q4. The company is trying to diversify its customer base away from corporate customers, as remote work seems to have taken share of Steelcase's market. SCS stock is priced with a fair margin of safety even with expectations of mediocre earnings growth.
