February 5, 2018 / 9:45 PM / 6 months ago

BRIEF-Steelcase Sees Q4 2018 Loss Per Share $0.05 To $0.07

Feb 5 (Reuters) - Steelcase Inc:

* STEELCASE UPDATES FOURTH QUARTER GUIDANCE FOR U.S. TAX REFORM AND OTHER ITEMS

* SEES Q4 2018 LOSS PER SHARE $0.05 TO $0.07

* AS A RESULT TAX ACT EXPECTS TO RECORD A CHARGE IN Q4 OF APPROXIMATELY $30 MILLION

* COMPANY EXPECTS ITS EFFECTIVE TAX RATE WILL APPROXIMATE 27% FOR FISCAL 2019

* SEES Q4 2018 EARNINGS PER SHARE $0.15 TO $0.17 EXCLUDING ITEMS

* Q4 EARNINGS PER SHARE VIEW $0.17, REVENUE VIEW $750.7 MILLION — THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below