Worthington Enterprises (NYSE:WOR) Issues Earnings Results, Beats Expectations By $0.07 EPS

Worthington Enterprises (NYSE:WOR) posted its quarterly earnings results on Tuesday. The industrial products company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.75 by $0.07, FiscalAI reports. The firm had revenue of $343.89 million during the quarter, compared to analysts’ expectations of $331.26 million. Worthington Enterprises had a return on equity of 16.92% and a net margin of 11.50%.The company’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.74 EPS.

Here are the key takeaways from Worthington Enterprises’ conference call:

• More than 90% of outstanding shares were represented at the annual meeting, indicating strong shareholder participation.
• Shareholders re-elected directors Charles Chiappone, Brad Southern, and Brant Standridge, each for a three-year term ending at the 2029 annual meeting.
• Shareholders approved the advisory vote on the company’s executive compensation, supporting management’s disclosed compensation practices.
• Shareholders ratified KPMG LLP as the company’s independent registered public accounting firm for the fiscal year ending May 31, 2027.

Worthington Enterprises Stock Up 1.2%

Shares of WOR opened at $59.63 on Thursday. The business’s fifty day moving average price is $57.64 and its two-hundred day moving average price is $55.52. The firm has a market capitalization of $2.92 billion, a price-to-earnings ratio of 18.01 and a beta of 1.30. Worthington Enterprises has a 52 week low of $45.01 and a 52 week high of $67.54. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.43 and a current ratio of 2.37.

Worthington Enterprises Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 29th. Investors of record on Tuesday, December 15th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.3%. The ex-dividend date is Tuesday, December 15th. Worthington Enterprises’s payout ratio is 25.48%.

Analyst Upgrades and Downgrades

Several analysts recently commented on WOR shares. Wall Street Zen lowered Worthington Enterprises from a “buy” rating to a “hold” rating in a research note on Saturday, June 27th. Canaccord Genuity Group lowered their target price on shares of Worthington Enterprises from $69.00 to $67.00 and set a “buy” rating on the stock in a report on Thursday, June 25th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Worthington Enterprises in a report on Friday, July 17th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $67.00.

Insider Transactions at Worthington Enterprises

In related news, major shareholder John McConnell sold 41,704 shares of Worthington Enterprises stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $55.85, for a total value of $2,329,168.40. Following the completion of the sale, the insider directly owned 1,335,648 shares in the company, valued at $74,595,940.80. This trade represents a 3.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.50% of the stock is currently owned by corporate insiders.

Key Stories Impacting Worthington Enterprises

Here are the key news stories impacting Worthington Enterprises this week:

• Positive Sentiment: Quarterly results exceeded expectations. Worthington reported earnings of $0.82 per share, above the $0.74–$0.75 analyst consensus, while revenue increased 13.2% year over year to $343.9 million, surpassing estimates of $331.3 million. EPS also improved from $0.74 in the prior-year quarter. Worthington Enterprises Reports First Quarter Fiscal 2027 Results
• Positive Sentiment: Data-center demand is emerging as a major catalyst. Management expects ASME tank revenue to grow sequentially and highlighted liquid-cooling applications for data centers, a market it believes could be substantially larger than its legacy business. Bundling products and solutions may provide additional growth and cross-selling opportunities. Worthington expects ASME tank revenue to grow sequentially
• Positive Sentiment: Shareholder returns remain supported by the dividend. Worthington declared a quarterly dividend of $0.20 per share, payable December 29, 2026. The dividend provides a modest annualized yield of approximately 1.3%. Worthington Enterprises Declares Quarterly Dividend
• Neutral Sentiment: Analyst commentary is constructive but cautious. One analysis maintained a cautious Buy view, citing WOR’s long-term technical strength and recommending purchases on price weakness rather than chasing the recent rally. Rising steel prices and longer lead times could also affect costs and execution. Worthington Enterprises After Q1 Earnings

About Worthington Enterprises

Worthington Enterprises, Inc (NYSE: WOR) is a diversified manufacturer and branded products company focused primarily on consumer and building-product markets. The company develops, manufactures and markets products used by consumers, contractors and other professional customers.

Its consumer products activities include outdoor living, lawn and garden, tools and related products. Its portfolio has included brands such as Bernzomatic, Balloon Time, Mag-Torch and General Tools, although its product portfolio may change as the company manages its businesses and brands.

Worthington Enterprises also participates in the building-products industry, supplying products used in commercial and residential construction.