Steelcase Q2 EPS $0.21 Misses $0.24 Estimate, Sales $724.80M Miss $763.62M Estimate
Steelcase (NYSE:SCS) reported quarterly earnings of $0.21 per share which missed the analyst consensus estimate of $0.24 by 12.5 percent. This is a 61.82 percent decrease over earnings of $0.55 per share from the same
Earnings Scheduled For September 22, 2021
Companies Reporting Before The Bell
• Gaotu Techedu (NYSE:GOTU) is expected to report quarterly loss at $0.22 per share on revenue of $387.45 million.
What Does Steelcase’s Debt Look Like?
Shares of Steelcase (NYSE:SCS) decreased by 5.39% in the past three months. Before having a look at the importance of debt, let us look at how much debt Steelcase has.
Steelcase: Return On Capital Employed Insights
During Q1, Steelcase (NYSE:SCS) brought in sales totaling $556.60 million. However, earnings decreased 574.63%, resulting in a loss of $31.80 million. Steelcase earned $6.70 million, and sales totaled $677.10 million in Q4.
Ex-Dividend Date Insight: Steelcase
On June 23, 2021, Steelcase (NYSE:SCS) announced shareholders can expect to receive a dividend payable on July 20, 2021. The stock will then go ex-dividend 2 business day(s) before the record date. The ex-dividend date for Steelcase is set for July 2, 2021.