Worthington Steel, Inc. (WS) Q2 Earnings Miss Estimates
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Worthington Steel, Inc. (WS) reported Q2 earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.70. This is an improvement from $0.11 per share a year ago.
December 18, 2024 | 11:45 pm
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Worthington Steel, Inc. reported Q2 earnings of $0.19 per share, significantly missing the expected $0.70 per share. Despite the miss, earnings improved from $0.11 per share a year ago.
The significant miss on earnings estimates is likely to negatively impact WS's stock price in the short term. However, the improvement from last year's earnings may provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100