Worthington Steel (WS) to Release Earnings on Wednesday

Worthington Steel (NYSE:WS) will be announcing its earnings results after the market closes on Wednesday, September 25th. Analysts expect the company to announce earnings of $0.62 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Worthington Steel (NYSE:WS) last posted its quarterly earnings data on Wednesday, June 26th. The company reported $1.06 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.39. The company had revenue of $911.00 million during the quarter, compared to the consensus estimate of $876.30 million. The business’s revenue for the quarter was up 3.1% compared to the same quarter last year. On average, analysts expect Worthington Steel to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Worthington Steel Trading Down 2.2 %

Shares of Worthington Steel stock opened at $36.03 on Monday. The company has a 50 day simple moving average of $34.63 and a two-hundred day simple moving average of $33.35. Worthington Steel has a 1 year low of $21.00 and a 1 year high of $41.01.

Worthington Steel Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Friday, September 13th will be issued a dividend of $0.16 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.78%.

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.