Steelcase (NYSE:SCS) Releases Q1 2026 Earnings Guidance

Steelcase (NYSE:SCS) updated its first quarter 2026 earnings guidance on Wednesday. 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 Price Performance

NYSE:SCS traded up $0.04 during trading hours on Wednesday, hitting $10.62. 1,130,365 shares of the stock traded hands, compared to its average volume of 611,332. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 11.06, a price-to-earnings-growth ratio of 1.25 and a beta of 1.33. The company has a quick ratio of 1.21, a current ratio of 1.57 and a debt-to-equity ratio of 0.48. 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 1 year low of $10.31 and a 1 year high of $14.74.

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 analysts’ consensus estimates of $0.20 by $0.06. Steelcase had a return on equity of 14.20% and a net margin of 3.63%. The company had revenue of $788.00 million for the quarter, compared to analysts’ expectations of $790.90 million. During the same period in the previous year, the firm earned $0.23 EPS. The firm’s revenue was up 1.7% compared to the same quarter last year. Sell-side analysts forecast that Steelcase will post 1 EPS for the current fiscal year.

Insider Activity at Steelcase

In related news, VP Robert G. Krestakos sold 5,000 shares of the 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 completion of the transaction, the vice president now directly owns 114,481 shares of the company’s stock, valued at approximately $1,344,006.94. This represents a 4.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 12.96% of the stock is currently owned by corporate 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.