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WOR Worthington Enterprises, News Story

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Worthington Enterprises' Q2 revenue beats estimates driven by higher Building Products volume

Overview

U.S. consumer and building products firm's fiscal Q2 revenue rose 19%, beating analyst expectations

Adjusted EPS for fiscal Q2 rose to $0.65

Company announced acquisition of LSI Group for $205 mln, closing expected January 2026

Outlook

Company expects a seasonally stronger second half of the fiscal year

Worthington Enterprises to acquire LSI Group in January 2026

Result Drivers

BUILDING PRODUCTS VOLUME - Higher volumes in Building Products, including contributions from Elgen Manufacturing, drove net sales increase

CONSUMER PRODUCTS MIX - Consumer Products net sales rose due to favorable product mix, offset by higher conversion costs and lower volumes

MISCELLANEOUS EXPENSE IMPACT - Miscellaneous income was unfavorable due to divestment of SES joint venture, affecting earnings

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$327.50 mln$310.60 mln (5 Analysts)
Q2 Net Income$27 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell" The average consensus recommendation for the industrial machinery & equipment peer group is "buy" Wall Street's median 12-month price target for Worthington Enterprises Inc is $73.00, about 26.4% above its December 15 closing price of $57.74 The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 18 three months ago Press Release: ID:nGNX5dBFwd For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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