Steelcase (NYSE:SCS) Issues Q2 2025 Earnings Guidance

Steelcase (NYSE:SCS) issued an update on its second quarter 2025 earnings guidance on Friday morning. The company provided EPS guidance of 0.360-0.400 for the period, compared to the consensus EPS estimate of 0.300. The company issued revenue guidance of $850.0 million-$875.0 million, compared to the consensus revenue estimate of $865.2 million. Steelcase also updated its FY 2025 guidance to 0.850-1.000 EPS.

Steelcase Trading Down 3.3 %

Shares of Steelcase stock opened at $12.18 on Friday. The firm has a 50-day simple moving average of $12.69 and a two-hundred day simple moving average of $12.82. The company has a market cap of $1.40 billion, a P/E ratio of 17.91, a price-to-earnings-growth ratio of 1.37 and a beta of 1.35. Steelcase has a fifty-two week low of $7.10 and a fifty-two week high of $14.54. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.20 and a current ratio of 1.58.

Steelcase (NYSE:SCS) last released its earnings results on Wednesday, March 20th. The business services provider reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. The business had revenue of $775.20 million during the quarter, compared to analysts’ expectations of $780.25 million. Steelcase had a net margin of 2.57% and a return on equity of 12.87%. The company’s quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.19 earnings per share. As a group, equities analysts predict that Steelcase will post 0.92 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on SCS. Benchmark raised shares of Steelcase from a hold rating to a buy rating and set a $17.00 target price for the company in a research note on Friday, June 14th. StockNews.com raised shares of Steelcase from a buy rating to a strong-buy rating in a research note on Friday, March 29th.

Insider Activity at Steelcase

In related news, VP Robert G. Krestakos sold 4,000 shares of the company’s stock in a transaction dated Monday, March 25th. The shares were sold at an average price of $12.61, for a total transaction of $50,440.00. Following the completion of the sale, the vice president now owns 108,081 shares of the company’s stock, valued at approximately $1,362,901.41. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 12.96% of the stock is owned by corporate 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.