Worthington Steel (NYSE:WS – Get Free Report) is expected to issue its quarterly earnings data after the market closes on Wednesday, March 19th. Analysts expect the company to announce earnings of $0.67 per share and revenue of $732.00 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.
Worthington Steel (NYSE:WS – Get Free Report) last released its quarterly earnings data on Wednesday, December 18th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.37). The firm had revenue of $739.00 million for the quarter, compared to the consensus estimate of $740.40 million. Worthington Steel had a net margin of 4.36% and a return on equity of 12.59%. The company’s revenue was down 8.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.11 EPS. On average, analysts expect Worthington Steel to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Worthington Steel Stock Down 2.0 %
NYSE WS opened at $26.11 on Tuesday. The company has a market cap of $1.33 billion, a price-to-earnings ratio of 9.16 and a beta of 2.62. Worthington Steel has a 52 week low of $24.22 and a 52 week high of $47.19. The business has a 50 day moving average price of $28.50 and a 200-day moving average price of $34.23.
Worthington Steel Dividend Announcement
Wall Street Analysts Forecast Growth
Separately, KeyCorp cut their target price on Worthington Steel from $41.00 to $34.00 and set an “overweight” rating on the stock in a research report on Friday, March 7th.
Get Our Latest Stock Analysis on WS
Worthington Steel Company Profile
Worthington Steel, Inc operates as a steel processor in North America. It offers carbon flat-rolled steel and tailor welded blanks, as well as electrical steel laminations; and aluminum tailor welded blanks. The company serves various end-markets, including automotive, heavy truck, agriculture, construction, and energy.
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