Steelcase Earnings Estimate

SCS Stock  USD 13.04  0.03  0.23%   
By analyzing Steelcase's earnings estimates, investors can diagnose different trends across Steelcase's analyst sentiment over time as well as compare current EPS estimates against different timeframes. Please be aware that the consensus of earnings estimates for Steelcase is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Steelcase is projected to generate 0.22 in earnings per share on the 30th of November 2024. Steelcase earnings estimates module stress-tests analyst consensus about projected Steelcase EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Steelcase, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Steelcase's earnings estimates, investors can diagnose different trends across Steelcase's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Steelcase's Pretax Profit Margin is comparatively stable compared to the past year. Operating Profit Margin is likely to gain to 0.06 in 2024, whereas Gross Profit is likely to drop slightly above 759.3 M in 2024.
  
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Steelcase Earnings per Share Projection vs Actual

About Steelcase Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Steelcase earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Steelcase estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Steelcase fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
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Last ReportedProjected for Next Year
Retained Earnings912.8 M733.6 M
Retained Earnings Total EquityB894.4 M
Earnings Yield 0.06  0.07 
Price Earnings Ratio 17.99  15.22 
Price Earnings To Growth Ratio 0.14  0.52 

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Additional Tools for Steelcase Stock Analysis

When running Steelcase's price analysis, check to measure Steelcase's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.