*Only the 1D chart reflects 15-min delayed quotes during market hours. Other timeframes update after market close.
Worthington Industries' strategic decision to deconsolidate its Sustainable Energy Solutions segment has set the stage for its upcoming earnings report on June 24, 2025, where the focus will be on how this move impacts its financial trajectory. The company, which recently reported a robust third quarter with an EPS of $0.91, surpassing analyst expectations by $0.21, is now projected to post an EPS of $0.83 for the upcoming quarter. However, the whisper number suggests a slightly more optimistic outlook at $0.89, reflecting market sentiment that anticipates continued strength despite recent revenue headwinds. Worthington's revenue estimate stands at $301.44 million, a slight dip from the previous quarter's $304.52 million, attributed to the segment spin-off. Yet, the company's strategic acquisitions and volume growth, particularly in the Ragasco business, are expected to cushion this impact. With a market cap of approximately $2.98 billion, Worthington Industries remains a formidable player in the industrial products sector, and investors will be keenly watching how these strategic shifts translate into financial performance in the upcoming earnings release.
Worthington Industries, Inc., a metal fabrication company, focuses on processing value-added steel and metal products manufactured in the United States, Austria, Canada, Mexico, Poland, and Portugal. The company is headquartered in Columbus, Ohio.
Average Sentiment Score:
Overall Sentiment: