Steelcase Stock Drops 0.44% Pre-Market Amid Earnings Guidance Update

On April 2, 2025, Steelcase's stock experienced a pre-market drop of 0.44%.

Steelcase recently updated its first-quarter 2026 earnings guidance, providing an EPS range of $0.130 to $0.170 for the period. This update reflects the company's ongoing efforts to manage expectations and navigate market conditions.

In the fourth quarter of 2025, Steelcase reported revenue of $788 million, a 1.7% year-over-year increase, surpassing analyst expectations of $775 million. This performance highlights the company's ability to maintain order growth despite economic challenges.

Steelcase has been upgraded to a "Buy" rating by Zacks, indicating a positive outlook from analysts. This upgrade suggests that the company's stock may be an attractive investment opportunity, given its recent performance and market position.