=Steelcase (SCS) reported earnings on Tue 19 Dec 2017 (a/h)

GRAND RAPIDS, Mich. (AP) _ Steelcase Inc. (SCS) on Tuesday reported fiscal third-quarter profit of $25.7 million.

On a per-share basis, the Grand Rapids, Michigan-based company said it had net income of 22 cents.

The office furniture maker posted revenue of $772.1 million in the period.

For the current quarter ending in February, Steelcase expects its per-share earnings to range from 14 cents to 18 cents.

The company said it expects revenue in the range of $740 million to $765 million for the fiscal fourth quarter.

Steelcase shares have declined 20 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $14.40, a fall of 11 percent in the last 12 months.