Benzinga | Sep 22, 2020 04:06PM EDT

Steelcase Q2 EPS $0.55 Beats $0.37 Estimate, Sales $631.20M Miss $782.60M Estimate

Steelcase (NYSE:SCS) reported quarterly earnings of $0.55 per share which beat the analyst consensus estimate of $0.37 by 48.65 percent. This is a 10 percent increase over earnings of $0.50 per share from the same period last year. The company reported quarterly sales of $631.20 million which missed the analyst consensus estimate of $782.60 million by 19.35 percent. This is a 36.75 percent decrease over sales of $998.00 million the same period last year.