Steelcase (SCS) Tops Q1 Earnings Estimates

Steelcase (SCS) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of$ 0.10 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 60%. A quarter ago, it was expected that this office furniture maker would post earnings of$ 0.21 per share when it actually produced earnings of $0.23, delivering a surprise of 9.52%. Over the last four quarters, the com ...