Steelcase (NYSE:SCS – Get Free Report) updated its fourth quarter 2025 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 0.200-0.240 for the period, compared to the consensus estimate of 0.220. The company issued revenue guidance of $770.0 million-$795.0 million, compared to the consensus revenue estimate of $833.4 million. Steelcase also updated its Q4 guidance to $0.20-0.24 EPS.
Analyst Upgrades and Downgrades
Separately, Noble Financial started coverage on Steelcase in a research note on Wednesday, October 9th. They issued an “outperform” rating and a $16.00 price objective on the stock.
Check Out Our Latest Analysis on SCS
Steelcase Trading Down 1.1 %
Steelcase (NYSE:SCS – Get Free Report) last posted its quarterly earnings results on Wednesday, December 18th. The business services provider reported $0.30 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.07. Steelcase had a net margin of 4.02% and a return on equity of 14.41%. The business had revenue of $794.90 million during the quarter, compared to the consensus estimate of $796.58 million. During the same period in the previous year, the firm posted $0.30 earnings per share. Steelcase’s revenue for the quarter was up 2.2% compared to the same quarter last year. As a group, research analysts predict that Steelcase will post 1 earnings per share for the current year.
Steelcase Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 13th. Investors of record on Monday, December 30th will be issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date is Monday, December 30th. Steelcase’s dividend payout ratio is currently 37.74%.
Insiders Place Their Bets
In other news, VP Robert G. Krestakos sold 4,000 shares of the stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $13.11, for a total transaction of $52,440.00. Following the completion of the sale, the vice president now owns 119,481 shares of the company’s stock, valued at $1,566,395.91. This represents a 3.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 12.96% of the company’s stock.
Steelcase Company Profile
Steelcase Inc provides a portfolio of furniture and architectural products and services in the United States and internationally. It operates through Americas and International segments. The company's furniture portfolio includes furniture systems, seating, storage, fixed and height-adjustable desks, benches, and tables, as well as complementary products, such as work accessories, lighting, mobile power, and screens.
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