Steelcase (SCS) Tops Q1 EPS by 2c; Issues Light Q2 Outlook

Steelcase (NYSE: SCS) reported Q1 EPS of $0.18, $0.02 better than the analyst estimate of $0.16. Revenue for the quarter came in at $718.8 million versus the consensus estimate of $702.37 million.

GUIDANCE:

Steelcase sees Q2 2017 EPS of $0.29 - $0.33, versus the consensus of $0.37. Steelcase sees Q2 2017 revenue of $770 - $795 million, versus the consensus of $827.3 million.

For earnings history and earnings-related data on Steelcase (SCS) click here.

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