Earnings Summary

Steelcase Inc.’s revenue fell -3.31% since last year same period to $775.2Mn in the Q1 2024. On a quarterly growth basis, Steelcase Inc. has generated -0.35% fall in its revenue since last 3-months.

Steelcase Inc.’s net profit jumped 35.67% since last year same period to $21.3Mn in the Q1 2024. On a quarterly growth basis, Steelcase Inc. has generated -30.84% fall in its net profits since last 3-months.

Steelcase Inc.’s net profit margin jumped 40.31% since last year same period to 2.75% in the Q1 2024. On a quarterly growth basis, Steelcase Inc. has generated -30.6% fall in its net profit margins since last 3-months.

Steelcase Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 20.19.

Steelcase Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.1 - a -52.38% fall from last quarter’s estimates.

Steelcase Inc.’s earning per share (EPS) estimates for the current year stand at 0.1.

Steelcase Inc.’s earning per share (EPS) jumped 21.05% since last year same period to 0.23 in the Q1 2024. This indicates that the Steelcase Inc. has generated 21.05% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Steelcase Inc.’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Steelcase Inc.’s return on equity (ROE) stands at 0.09.

Steelcase Inc. declared 0.1 dividend per share during the earnings announcement for Q1 2024.