Stock Analysis

Steelcase Second Quarter 2025 Earnings: EPS Beats Expectations

NYSE:SCS
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Steelcase (NYSE:SCS) Second Quarter 2025 Results

Key Financial Results

  • Revenue: US$855.8m (flat on 2Q 2024).
  • Net income: US$63.1m (up 139% from 2Q 2024).
  • Profit margin: 7.4% (up from 3.1% in 2Q 2024).
  • EPS: US$0.53 (up from US$0.23 in 2Q 2024).
earnings-and-revenue-growth
NYSE:SCS Earnings and Revenue Growth September 20th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Steelcase EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 58%.

Looking ahead, revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Commercial Services industry in the US.

Performance of the American Commercial Services industry.

The company's share price is broadly unchanged from a week ago.

Valuation

Following the latest earnings results, Steelcase may be undervalued based on 6 different valuation benchmarks we assess. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.