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Stock impact report

Why Steelcase (SCS) Stock Is Trading Up Today [Yahoo! Finance]

Steelcase Inc. (SCS) 
Last steelcase inc. earnings: 3/24 04:29 pm Check Earnings Report
US:NYSE Investor Relations: steelcase.com/investor-relations
Company Research Source: Yahoo! Finance
quarter 2024 results which blew past analysts' EPS expectations, while sales were in line. What stood out was a big 12% jump in new orders in the Americas region, which management attributed to broad-based demand from large corporate and government clients. Adding to the positive aspect, revenue and EPS guidance for the next quarter outperformed Wall Street's estimates. Steelcase guided for 5–9% organic revenue growth, indicating confidence in backlog conversion. Zooming out, we think this was a good quarter with some key areas of upside. The shares closed the day at $11.29, up 6.5% from previous close. Is now the time to buy Steelcase? Access our full analysis report here, it's free Steelcase's shares are not very volatile and have only had Read more
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