Worthington Enterprises Inc reports results for the quarter ended May 31 - Earnings Summary

• Worthington Enterprises Inc WOR.N reported quarterly adjusted earnings of $1.06​​ per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of 74 cents. The mean expectation of five analysts for the quarter was for earnings of 84 cents per share. Wall Street expected results to range from 76 cents to 91 cents per share.

• Revenue fell 0.3% to $317.88 million from a year ago; analysts expected $301.44 million.

• Worthington Enterprises Inc's reported EPS for the quarter was 8 cents​.

• The company reported quarterly net income of $3.88 million.

• Worthington Enterprises Inc shares had risen by 18.2% this quarter and gained 47.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.9% 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 "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

• Wall Street's median 12-month price target for Worthington Enterprises Inc is $60.00, about 0.2% above its last closing price of $60.15

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)