Worthington Steel Inc reports results for the quarter ended May 31 - Earnings Summary
Worthington Steel Inc reports results for the quarter ended May 31 - Earnings Summary
Worthington Steel Inc WS.N reported quarterly adjusted earnings of 74 cents per share for the quarter ended May 31, lower than the same quarter last year, when the company reported EPS of $1.05. The mean expectation of two analysts for the quarter was for earnings of 75 cents per share.
Revenue rose 11.6% to $929.20 million from a year ago; analysts expected $992.00 million.
Worthington Steel Inc's reported EPS for the quarter was a loss of 98 cents.
The company reported a quarterly loss of $48.7 million.
Worthington Steel Inc shares had risen by 31.0% this quarter and gained 14.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 10.2% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
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 also "buy"
Wall Street's median 12-month price target for Worthington Steel Inc is $46.00, about 13.9% above its last closing price of $39.62
This summary was machine generated from LSEG data June 24 at 09:01 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 |
May. 31 2026 | 0.75 | 0.74 | Missed |
Feb. 28 2026 | 0.43 | 0.27 | Missed |
Nov. 30 2025 | 0.39 | 0.38 | Missed |
Aug. 31 2025 | 0.76 | 0.77 | Beat |
Recent news on Worthington Steel
See all newsBrief: Worthington Steel - Enters Asset-Based Revolving Credit Agreement With Wells Fargo On June 25, 2026 - SEC Filing
Worthington Steel Inc reports results for the quarter ended May 31 - Earnings Summary
Worthington Steel posts Q4 net loss on impairment, acquisition costs
Brief: Worthington Steel Q4 Revenue USD 929.2 Million
Brief: Worthington Steel Completes Acquisition Of Kloeckner & Co And Announces Intention To Launch Delisting Tender Offer