financetom
Business
financetom
/
Business
/
Update: Worthington Steel Fiscal Q4 Adjusted Earnings Slip But Sales Fall Less Than Forecast; Shares Jump Premarket
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Worthington Steel Fiscal Q4 Adjusted Earnings Slip But Sales Fall Less Than Forecast; Shares Jump Premarket
Jun 26, 2025 1:59 AM

04:39 AM EDT, 06/26/2025 (MT Newswires) -- (Updates with the stock move in the headline and the last paragraph.)

Worthington Steel ( WS ) reported fiscal Q4 adjusted earnings late Wednesday of $1.05 per diluted share, down from $1.06 a year earlier.

Revenue for the quarter ended May 31 was $832.9 million, down from $911 million a year earlier.

Two analysts polled by FactSet expected $800.5 million.

The company maintained its quarterly dividend at $0.16 per share, payable on Sept. 26 to holders of record as of Sept. 12.

Shares of the company were up more than 16% in recent premarket activity.

Price: 30.50, Change: +4.24, Percent Change: +16.15

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Union President Calls for Leadership Change at Norfolk Southern
Union President Calls for Leadership Change at Norfolk Southern
Apr 25, 2024
10:59 AM EDT, 04/25/2024 (MT Newswires) -- The Brotherhood of Maintenance of Way Employees Division-International Brotherhood of Teamsters (BMWED-IBT) President Tony Cardwell called for a change in leadership at Norfolk Southern ( NSC ) in a statement Thursday. Following yesterday's earnings call and a reasonably constructive meeting with a potential new leadership team, our Brotherhood has determined that change at...
Update: Honda Motor to Invest $10.94 Billion to Build EV Value Chain in Canada
Update: Honda Motor to Invest $10.94 Billion to Build EV Value Chain in Canada
Apr 25, 2024
11:05 AM EDT, 04/25/2024 (MT Newswires) -- (Updates with additional details in the second, third and fourth paragraphs, and the company's latest stock in the fifth paragraph.) Honda Motor ( HMC ) announced Thursday it plans to build an electric vehicle value chain in Canada with an approximate investment of 15 billion Canadian dollars ($10.94 billion). The automaker said plans...
Cannabix Up 28% as it Says Breath Logix Alcohol Device Delivers
Cannabix Up 28% as it Says Breath Logix Alcohol Device Delivers "Positive Impact" to Private Monitoring Agency in Montana
Apr 25, 2024
11:09 AM EDT, 04/25/2024 (MT Newswires) -- Cannabix Technologies ( BLOZF ) , which develops alcohol and marijuana breathalyzer screening devices for law enforcement and the workplace, reports that Friedel, a private monitoring agency in Montana, deployed the Breath Logix Alcohol Breathalyzer under its 24/7 Sobriety Program. Participants in this program, as a condition to their probation release, are scheduled...
Mining giant Grupo Mexico posts 16% drop in Q1 net profit
Mining giant Grupo Mexico posts 16% drop in Q1 net profit
Apr 25, 2024
MEXICO CITY, April 25 (Reuters) - Mining and transport conglomerate Grupo Mexico reported on Thursday a 16% drop in its first-quarter net profit, falling to $928.5 million. Revenue for the major global copper producer, which also operates sprawling freight railroads in Mexico, slid 1.6% in the quarter to total $3.8 billion. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved