{"id":28519,"date":"2012-03-24T13:48:44","date_gmt":"2012-03-24T17:48:44","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=28519"},"modified":"2012-03-24T13:48:44","modified_gmt":"2012-03-24T17:48:44","slug":"steelcase-shares-fall-9-on-friday","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/03\/24\/steelcase-shares-fall-9-on-friday\/","title":{"rendered":"Steelcase Shares Fall 9% on Friday"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v5b8b437433858709a94ee7483ce8ff4acf6e6338&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v5b8b437433858709a94ee7483ce8ff4acf6e6338&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Shares of Steelcase (NYSE:SCS) fell 9% Friday morning after posting earnings late Thursday.In the fourth quarter, Steelcase reported EPS of $0.14, missing analyst estimates of $0.16 per share. Revenues for the quarter rose 10.8% year-over-year to $690.20 million, better than consensus estimates of $688.77 million.Steelcase (NYSE:SCS) has potential upside of 37% based on a current price of $9.03 and an average consensus analyst price target of $12.38.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/03\/24\/1_0znnujja_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/03\/24\/1_0znnujja_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Steelcase (NYSE:SCS) fell 9% Friday morning after posting earnings late Thursday.In the fourth quarter, Steelcase reported EPS of $0.14, missing analyst estimates of $0.16 per share. Revenues for the quarter rose 10.8% year-over-year to $690.20 million, better than consensus estimates of $688.77 million.Steelcase (NYSE:SCS) has potential upside of 37% based on a current &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/03\/24\/steelcase-shares-fall-9-on-friday\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Steelcase Shares Fall 9% on Friday&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28519","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28519","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28519"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28519\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28519"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28519"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28519"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}