06:57 AM EDT, 06/20/2024 (MT Newswires) -- Steelcase ( SCS ) reported fiscal Q1 adjusted earnings Thursday of $0.16 per diluted share, up from $0.09 a year earlier.

Four analysts polled by Capital IQ expected $0.10.

Revenue for the quarter ended May 24 was $727.3 million, compared with $751.9 million a year earlier.

Four analysts surveyed by Capital IQ expected $729.1 million.

The company said it expects fiscal Q2 adjusted EPS of $0.36 to $0.40. Four analysts polled by Capital IQ expect $0.30. Revenue for the fiscal quarter is projected to be $850 million to $875 million. Four analysts polled by Capital IQ expect $865.2 million.

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