Steelcase (SCS) closed the newest buying and selling day at $18.25, shifting -0.33% from the earlie
Steelcase (SCS) closed the newest buying and selling day at $18.25, shifting -0.33% from the earlier buying and selling session. This modification lagged the S&P 500’s each day lack of 0.06%. In the meantime, the Dow misplaced 0.37%, and the Nasdaq, a tech-heavy index, added 0.24%.
Coming into in the present day, shares of the workplace furnishings maker had gained 0.33% previously month. In that very same time, the Enterprise Companies sector gained 3.07%, whereas the S&P 500 gained 4.72%.
Wall Avenue might be in search of positivity from SCS because it approaches its subsequent earnings report date. In that report, analysts count on SCS to publish earnings of $0.35 per share. This could mark a year-over-year decline of two.78%. Our most up-to-date consensus estimate is looking for quarterly income of $935.70 million, up 3.85% from the year-ago interval.
Trying on the full yr, our Zacks Consensus Estimates recommend analysts predict earnings of $1.36 per share and income of $3.71 billion. These totals would mark adjustments of +13.33% and +7.77%, respectively, from final yr.
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