Steelcase, Inc. - Ordinary Shares - Class A

NYSE:SCS   3:59:58 PM EDT
6.85
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Other Pre-Announcement

Steelcase Inc Posts Qtrly Revenue Of $863.3 Mln Vs $724.8 Mln

Published: 09/21/2022 21:23 GMT
Steelcase, Inc. - Ordinary Shares - Class A (SCS) - Steelcase Reports Second Quarter Fiscal 2023 Results.
Qtrly Revenue $863.3 Million Versus $724.8 Million.
Qtrly Earnings per Share $0.17.
Qtrly Adjusted Earnings per Share $0.21.
Co's Backlog of Customer Orders Was About $946 Million.
Sees Third Quarter Fiscal 2023 Revenue to Be in the Range of $825 Million to $850 Million.
Sees Earnings per Share of Between $0.08 to $0.12 for the Third Quarter of Fiscal 2023.
Sees Adjusted Earnings per Share of Between $0.17 to $0.21 for the Third Quarter of Fiscal 2023.
Co Announces Additional Reductions in Planned Spending and Lower Quarterly Dividend Due to Uncertain Demand Environment.
Q2 Earnings per Share View $0.13, Revenue View $882.8 Million -- Refinitiv Ibes Data (analyst estimates).
FY2023 Earnings per Share View $0.58, Revenue View $3.32 Billion -- Refinitiv Ibes Data (analyst estimates).