Steelcase Inc. (NYSE:SCS) is reporting first quarter financial results on Tuesday 30th June 2020, after market close.
According to analysts surveyed by Thomson Reuters, SCS is expected to report 1Q21 loss of $ 0.14 per share from revenue of $ 530.30 million.
For the full year, analysts anticipate top line of $ 2920.40 million, while looking forward to income of $ 0.61 per share bottom line.
Stock Performance
According to the previous trading day, closing price of SCS was $ 12.22, representing a 74.07 % increase from the 52 week low of $ 7.02 and a 46.92 % decrease over the 52 week high of $ 23.02.
The company has a market capital of $ 1.40 billion and is part of the Industrials sector and Business Equipment industry.
Recent Analyst recommendations
On 1st June 2020, maintained by Sidoti at Neutral rating, with $ 12.00 target price.
Recent Stock Dividend Announcement
On March 24, 2020, the board of directors authorized quarterly dividend of $ 0.07 per share to holders of record as of the close of business on April 3, 2020, with payment date of April 17, 2020 and ex-dividend date on April 2, 2020.
Steelcase Inc. manufactures and sells integrated furniture settings, user-centered technologies, and interior architectural products. It operates through Americas, EMEA, and Other Category segments.
