Steelcase (NYSE:SCS) Updates 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 guidance of 0.130-0.170 for the period, compared to the consensus earnings per share 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 %

Shares of NYSE:SCS traded up $0.04 on Wednesday, reaching $10.62. The company had a trading volume of 1,118,703 shares, compared to its average volume of 611,317. The stock has a market capitalization of $1.21 billion, a P/E ratio of 11.06, a P/E/G ratio of 1.25 and a beta of 1.33. The stock has a 50-day moving average price of $11.63 and a 200 day moving average price of $12.38. Steelcase has a twelve month low of $10.31 and a twelve month high of $14.74. The company has a quick ratio of 1.21, a current ratio of 1.57 and a debt-to-equity ratio of 0.48.

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

Insiders Place Their Bets

In other news, VP Robert G. Krestakos sold 5,000 shares of Steelcase stock in a transaction that occurred on Wednesday, January 22nd. The stock was sold at an average price of $11.74, for a total transaction of $58,700.00. Following the sale, the vice president now owns 114,481 shares of the company’s stock, valued at approximately $1,344,006.94. This trade represents a 4.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company 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.