Steelcase (NYSE:SCS) Issues Q1 2026 Earnings Guidance

Steelcase (NYSE:SCS) issued an update on its first quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 0.130-0.170 for the period, compared to the consensus estimate of 0.120. The company issued revenue guidance of $760.0 million-$785.0 million, compared to the consensus revenue estimate of $745.3 million. Steelcase also updated its Q1 guidance to $0.13-0.17 EPS.

Steelcase Stock Up 0.3 %

NYSE SCS traded up $0.04 during trading on Wednesday, reaching $10.62. 1,118,703 shares of the company’s stock were exchanged, compared to its average volume of 611,317. The company has a current ratio of 1.57, a quick ratio of 1.21 and a debt-to-equity ratio of 0.48. Steelcase has a fifty-two week low of $10.31 and a fifty-two week high of $14.74. The company’s fifty day simple moving average is $11.63 and its 200-day simple moving average is $12.38. The firm has a market capitalization of $1.21 billion, a PE ratio of 11.06, a P/E/G ratio of 1.25 and a beta of 1.33.

Steelcase (NYSE:SCS) last posted its quarterly earnings results on Wednesday, March 26th. The business services provider reported $0.26 EPS for the quarter, topping the consensus estimate of $0.20 by $0.06. Steelcase had a net margin of 3.63% and a return on equity of 14.20%. The business had revenue of $788.00 million during the quarter, compared to analysts’ expectations of $790.90 million. During the same period last year, the company posted $0.23 earnings per share. The firm’s quarterly revenue was up 1.7% compared to the same quarter last year. Sell-side analysts predict that Steelcase will post 1 EPS for the current year.

Insider Transactions at Steelcase

In other news, VP Robert G. Krestakos sold 5,000 shares of Steelcase stock in a transaction dated Wednesday, January 22nd. The stock was sold at an average price of $11.74, for a total transaction of $58,700.00. Following the completion of the sale, the vice president now directly owns 114,481 shares in the company, valued at $1,344,006.94. The trade was a 4.18 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 12.96% of the stock is currently owned by company insiders.

About Steelcase

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.