Steelcase Q1 2025 Adj EPS $0.16 Beats $0.10 Estimate, Sales $727.300M Miss $729.125M Estimate
Portfolio Pulse from Benzinga Newsdesk
Steelcase (NYSE:SCS) reported Q1 2025 adjusted EPS of $0.16, beating the estimate of $0.10 by 60%. However, sales of $727.3M missed the $729.125M estimate by 0.25%, and were down 3.27% from the same period last year.
June 20, 2024 | 10:34 am
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Steelcase reported better-than-expected Q1 2025 EPS of $0.16, beating estimates by 60%. However, sales of $727.3M missed expectations by 0.25% and were down 3.27% YoY.
The significant EPS beat is likely to have a positive impact on the stock price in the short term, despite the slight miss in sales and YoY decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100