Worthington Enterprises Inc reports results for the quarter ended February 28 - Earnings Summary

• Worthington Enterprises Inc WOR.N reported quarterly adjusted earnings of 98 cents​​ per share for the quarter ended February 28, higher than the same quarter last year, when the company reported EPS of 60 cents. The mean expectation of five analysts for the quarter was for earnings of 70 cents per share. Wall Street expected results to range from 89 cents to $1.01 per share.

• Revenue rose 24.4% to $378.68 million from a year ago; analysts expected $349.41 million.

• Worthington Enterprises Inc's reported EPS for the quarter was 55 cents​.

• The company reported quarterly net income of $27.33 million.

• Worthington Enterprises Inc shares had fallen by 4.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.3% 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 "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 $69.00, about 24.8% above its last closing price of $51.88

This summary was machine generated from LSEG data March 24 at 09:41 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)