Worthington Steel's Q2 revenue rises, driven by higher direct volumes and selling prices

Worthington Steel

17/12/2025 21:21

Overview

Metals processor's fiscal Q2 revenue grew 18% yr/yr

Company's results driven by higher direct volumes and selling prices

Outlook

Company did not provide specific future guidance in press release

Result Drivers

HIGHER DIRECT VOLUMES - Co reported a 13% increase in direct tons sold, contributing to revenue growth

SELLING PRICE INCREASE - Direct selling prices rose 7%, boosting net sales

TOLL VOLUME DECLINE - Toll volumes fell 24% due to facility closure and softening demand

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$871.90 mln
$797.25 mln (2 Analysts)
Q2 Adjusted EPS
Miss
$0.38
$0.39 (2 Analysts)
Q2 EPS
$0.37
Q2 Net Income
$18.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the iron & steel peer group is "buy"

Wall Street's median 12-month price target for Worthington Steel Inc is $39.00, about 10% above its December 16 closing price of $35.46

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nBwcdC5Fxa

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(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.)