Worthington Enterprises Inc reports results for the quarter ended November 30 - Earnings Summary

Worthington Enterprises

17/12/2024 22:03

* Worthington Enterprises Inc  WOR.N  reported quarterly
adjusted
earnings of 60 cents​​ per share for the quarter ended November
30, lower than the same quarter last year, when the company
reported EPS of 78 cents.  The mean expectation of four analysts
for the quarter was for earnings of 52 cents per share. Wall
Street expected results to range from 49 cents to 56 cents per
share.
    * Revenue fell 74.8% to $274.05 million from a year ago;
analysts
expected $273.77 million. 
    * Worthington Enterprises Inc's reported EPS for the quarter
was
56 cents​.
    * The company reported quarterly net income of $28.26
million.
    * Worthington Enterprises Inc shares had fallen by 6.7% this
quarter and lost 32.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 20.5%
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 1 "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "hold"

Wall Street's median 12-month price target for Worthington
Enterprises Inc is $49.00 
This summary was machine generated from LSEG data December 17 at
10:02 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 2024      0.52           0.60           Beat
 Aug. 31 2024      0.72           0.50           Missed
 May. 31 2024      0.95           0.74           Missed
 Feb. 29 2024      0.75           0.80           Beat