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Steelcase: Fiscal 2Q Earnings Snapshot

GRAND RAPIDS, Mich. (AP) _ Steelcase Inc. (SCS) on Thursday reported fiscal second-quarter earnings of $60.5 million.

On a per-share basis, the Grand Rapids, Michigan-based company said it had profit of 50 cents.

The office furniture maker posted revenue of $998 million in the period.

For the current quarter ending in December, Steelcase said it expects revenue in the range of $920 million to $945 million.

Steelcase shares have climbed 13% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.73, an increase of 9% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SCS at https://www.zacks.com/ap/SCS