Steelcase (NYSE:SCS) Issues Q2 2025 Earnings Guidance

Steelcase (NYSE:SCS) issued an update on its second quarter 2025 earnings guidance on Friday morning. The company provided EPS guidance of 0.360-0.400 for the period, compared to the consensus EPS estimate of 0.300. The company issued revenue guidance of $850.0 million-$875.0 million, compared to the consensus revenue estimate of $865.2 million. Steelcase also updated its FY 2025 guidance to 0.850-1.000 EPS.

Steelcase Stock Up 9.1 %

SCS stock opened at $13.29 on Monday. The company has a current ratio of 1.58, a quick ratio of 1.20 and a debt-to-equity ratio of 0.50. Steelcase has a 1 year low of $7.10 and a 1 year high of $14.54. The company has a fifty day simple moving average of $12.71 and a 200 day simple moving average of $12.84. The firm has a market cap of $1.52 billion, a PE ratio of 17.49, a PEG ratio of 1.32 and a beta of 1.35.

Steelcase (NYSE:SCS) last released its quarterly earnings data on Thursday, June 20th. The business services provider reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.06. Steelcase had a net margin of 2.89% and a return on equity of 13.66%. The business had revenue of $727.30 million during the quarter, compared to analyst estimates of $729.05 million. During the same quarter in the previous year, the business earned $0.09 EPS. Steelcase’s quarterly revenue was down 3.3% compared to the same quarter last year. Sell-side analysts anticipate that Steelcase will post 0.92 EPS for the current fiscal year.

Steelcase Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 15th. Shareholders of record on Wednesday, July 3rd will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date is Wednesday, July 3rd. Steelcase’s dividend payout ratio is 52.63%.

Wall Street Analyst Weigh In

SCS has been the subject of a number of research analyst reports. Benchmark boosted their target price on shares of Steelcase from $17.00 to $18.00 and gave the stock a buy rating in a research report on Friday. StockNews.com raised shares of Steelcase from a buy rating to a strong-buy rating in a research report on Friday, March 29th.

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.