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The consensus price target hints at a 48.3% upside potential for Steelcase (SCS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
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Steelcase (SCS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Steelcase Inc. (NYSE:SCS ) Q4 2025 Earnings Conference Call March 27, 2025 8:30 AM ET Company Participants Mike O'Meara - Director, Investor Relations and Financial Planning and Analysis Sara Armbruster - President and Chief Executive Officer David Sylvester - Senior Vice President and Chief Financial Officer Conference Call Participants Gregory Burns - Sidoti & Company Joseph Gomes - Noble Capital Markets Steven Ramsey - Thompson Research Group Reuben Garner - The Benchmark Company Operator Good morning. My name is Rob and I will be your conference operator today.
H.B. Fuller's profit and sales fell in its fiscal first quarter, but results topped Wall Street's estimates. The adhesives manufacturer logged adjusted earnings of 54 cents on revenue of $788.7 million, ahead of analyst expectations for adjusted earnings of 49 cents on revenue of 769 million, according to FactSet.
Steelcase (SCS) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.23 per share a year ago.
GRAND RAPIDS, Mich., March 26, 2025 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) today reported fourth quarter revenue of $788.0 million, net income of $27.6 million, or $0.23 per share, and adjusted earnings per share of $0.26. The results included $21.8 million of favorable tax items which increased net income by $13.4 million (net of related variable compensation expense), or $0.11 per share. In the prior year, Steelcase reported revenue of $775.2 million, net income of $21.3 million, or $0.18 per share, and adjusted earnings per share of $0.23.
Steelcase Inc. SCS will release its fourth-quarter financial results after the closing bell on Wednesday, March 26.
GRAND RAPIDS, Mich., March 06, 2025 (GLOBE NEWSWIRE) -- Steelcase Inc. (NYSE: SCS) will webcast a discussion of its fourth quarter and fiscal year 2025 financial results on Thursday, March 27, 2025 at 8:30 a.m. ET. A link to the webcast will be available at http://ir.steelcase.com and a replay of the webcast will be available shortly after the call concludes. The news release detailing the financial results will be issued the previous day, March 26, 2025, after the market closes.