SCS - How To Earn $500 A Month From Steelcase Stock Ahead Of Q1 Earnings Report | Benzinga
Steelcase Inc. (NYSE:SCS) is set to release earnings results for its first quarter, after the closing bell on Wednesday.
Analysts expect the Grand Rapids, Michigan-based company to report quarterly earnings at 10 cents per share, up from 9 cents per share in the year-ago period. The company is projected to post revenue of $729.13 million for the quarter, according to data from Benzinga Pro.
On Friday, Benchmark analyst Reuben Garner upgraded Steelcase from Hold to Buy, while announcing a price target of $17.
With the recent buzz around Steelcase, some investors may be eyeing potential gains from the company's dividends too. As of now, Steelcase offers an annual dividend yield of 3.23%, which is a quarterly dividend amount of 10 cents per share (40 cents a year).
So, how can investors ...