Steelcase Sees Q1 2025 Adj. EPS $0.08-$0.12 Vs $0.10 Est.; Revenue $715M-$740M Vs $741.233M Est.
Portfolio Pulse from Benzinga Newsdesk
Steelcase projects its Q1 2025 adjusted EPS to be between $0.08 and $0.12, compared to the estimated $0.10. The company anticipates revenue to range from $715 million to $740 million, slightly below the estimated $741.233 million.
March 20, 2024 | 8:09 pm
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Steelcase expects Q1 2025 adjusted EPS of $0.08-$0.12, below the $0.10 estimate, and revenue of $715M-$740M, under the $741.233M forecast.
Steelcase's projected earnings and revenue for Q1 2025 are both slightly below analyst estimates, which could lead to negative investor sentiment and a potential short-term decrease in stock price. The close alignment with estimates, however, suggests a moderate impact.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100