Worthington Enterprises Inc reports results for the quarter ended in November - Earnings Summary

Worthington Enterprises

19/12/2023 22:37

* Worthington Enterprises Inc  WOR.N  reported quarterly
adjusted
earnings of 78 cents​​ per share for the quarter ended in
November, higher than the same quarter last year, when the
company reported EPS of 44 cents.  The mean expectation of
two analysts for the quarter was for earnings of 71 cents per
share. Wall Street expected results to range from 61 cents to 81
cents per share.
    * Revenue fell 7.5% to $1.09 billion from a year ago;
analysts
expected $1.04 billion. 
    * Worthington Enterprises Inc shares had risen by 48.4% this
quarter and gained 84.5% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 29.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the iron & steel
peer
group is also "hold"

Wall Street's median 12-month price target for Worthington
Enterprises Inc is $50.00 
This summary was machine generated from LSEG data December 19 at
10:37 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Nov. 30 2023      0.71           0.78           Beat
 Aug. 31 2023      2.04           2.06           Beat
 May. 31 2023      1.90           2.74           Beat
 Feb. 28 2023      0.72           1.04           Beat