S&P 500 slips, but losses kept in check as Nvidia climbs ahead of results
Investing.com - Steelcase reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Steelcase announced earnings per share of $0.21 on revenue of $863.3M. Analysts polled by Investing.com EPS of $0.1267 on revenue of $887.37M.
Steelcase 's are down 21.16% and is trading at $9.24 , still down 31.12% from its 52 week high of $13.41 set on Wednesday, September 22, 2021.
Steelcase follows other major Industrials sector earnings this month
Steelcase's report follows an earnings missed by FedEx on Thursday, September 15, 2022, who reported EPS of $3.44 on revenue of $23.2B, EPS of $5.14 on revenue of $23.61B.
COSCO SHIPPING ADR had matched expectations on Tuesday, August 30, 2022 with third quarter EPS of $1.67 on revenue of $15.25B, for EPS of $1.67 on revenue of $15.26B.
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