SCS to Report Q1 Earnings: Here's What to Expect From the Stock

Core Insights - Steelcase Inc. (SCS) is set to release its first-quarter fiscal 2026 results on June 25, with a history of positive earnings surprises, averaging 31.5% over the last four quarters [1] Revenue Expectations - The consensus estimate for SCS's first-quarter fiscal 2026 revenues is $756 million, reflecting a 3.9% increase from the same quarter last year, driven by positive office leasing activity in the U.S. and Europe [2][9] Segment Performance - The Americas segment is expected to perform well due to strong demand from large corporate and government clients, with U.S. leasing volume increasing over 15% from the first quarter of 2024 [3][9] - The International segment is anticipated to improve, particularly in India and Spain, with large transactions in the European market contributing to recovery, especially in the U.K. and Germany [4][9] Earnings Projections - The Zacks Consensus Estimate for earnings is set at 12 cents per share, indicating a 25% decrease from the previous year's quarter [4] - The current model does not predict a definitive earnings beat for SCS, with an Earnings ESP of 0.00% and a Zacks Rank of 3 [5][6]