Worthington Enterprises, Inc. reports results for the quarter ended August 31 - Earnings Summary

• Worthington Enterprises, Inc. WOR.N reported quarterly adjusted earnings of 97 cents​​ per share for the quarter ended August 31, lower than the same quarter last year, when the company reported EPS of $1.06. The mean expectation of five analysts for the quarter was for earnings of $1.06 per share. Wall Street expected results to range from $1.00 to $1.10 per share.

• Revenue rose 8.2% to $371.46 million from a year ago; analysts expected $386.49 million.

• Worthington Enterprises, Inc.'s reported EPS for the quarter was 97 cents​.

• The company reported quarterly net income of $48.15 million.

• Worthington Enterprises, Inc. shares had risen by 8.2% this quarter and gained 12.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 29.2% in the last three months.​

• In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

• 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 also "buy"

• Wall Street's median 12-month price target for Worthington Enterprises, Inc. is $67.00, about 12% above its last closing price of $58.94

This summary was machine generated from LSEG data September 22 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)