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Update: Worthington Steel Shares Rise Following Higher Q3 Results
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Update: Worthington Steel Shares Rise Following Higher Q3 Results
Mar 22, 2024 9:45 AM

12:22 PM EDT, 03/22/2024 (MT Newswires) -- (Updates with the latest stock price movement in the headline, first paragraph.)

Worthington Steel ( WS ) shares were up more than 24% in recent Friday trading after the company posted fiscal Q3 non-GAAP earnings late Thursday of $0.99 per diluted share, up from $0.17 a year ago.

One analyst surveyed by Capital IQ expected $0.80.

Net sales for the quarter ended Feb. 29 was $805.8 million, up from $780.7 million a year earlier.

One analyst surveyed by Capital IQ expected $664.8 million.

Price: 39.79, Change: +7.87, Percent Change: +24.66

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