Streetbeat News

WS

Worthington Steel, Inc.

https://www.worthingtonsteel.com

Industry

Steel

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. Worthington Steel, Inc. was incorporated in 2023 and is based in Columbus, Ohio.

Open

43.53

Mkt cap

2.2B

Volume

100K

High

44.25

P/E Ratio

17.18

52-wk high

47.19

Low

43.25

Div yield

0.01

52-wk low

21.00

Worthington Steel, Inc. (NYSE: WS) has been awarded the 2025 Military Friendly® Employer designation by VIQTORY, highlighting its commitment to supporting military personnel.

Portfolio Pulse from

November 11, 2024 | 2:30 pm

Worthington Steel, Inc. (NYSE:WS) has announced a Dividend Reinvestment Plan (DRIP) effective from September 13, 2024. This plan allows shareholders to reinvest their cash dividends into additional common shares automatically. Participation is optional and offers flexibility in dividend reinvestment.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 1:23 pm

Worthington Steel's shares declined following the release of disappointing Q1 adjusted EPS results.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 4:22 pm

Worthington Steel reported Q1 earnings of $0.56 per share, missing the $0.60 estimate, but sales of $834M beat the $757.1M estimate. Earnings decreased by 55.56% from last year, while sales decreased by 7.93%.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 8:11 pm

Worthington Steel shares are trading higher after the company reported better-than-expected Q4 financial results.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 4:54 pm

Wall Street is set for a weak opening as the tech rally falters, with Micron and Nvidia edging lower. Traders remain cautious ahead of key economic data and events. Micron's earnings have negatively impacted the tech sector, while Nvidia's rally cools off. Bond yields have risen, and futures for major indices are slightly down. Several companies, including Micron, H.B. Fuller, Worthington Steel, Levi Strauss, Acuity Brands, Apogee Enterprises, McCormick, Walgreens Boots Alliance, and Nike, are in focus due to earnings reports.

Portfolio Pulse from Shanthi Rexaline

June 27, 2024 | 11:31 am

Worthington Steel (NYSE:WS) reported Q4 2024 adjusted EPS of $1.06, beating the $0.84 estimate by 26.19%. Sales were $911 million, surpassing the $849.4 million estimate by 7.25%.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 8:13 pm

Nasdaq and S&P 500 futures are set to open higher, driven by Nvidia's rally and FedEx's positive earnings. However, caution prevails ahead of key economic data and a presidential debate. Rivian and Lucid see gains due to partnership news, while FedEx and Whirlpool rise on earnings and M&A rumors. General Mills, Paychex, Micron, and others are set to report earnings.

Portfolio Pulse from Shanthi Rexaline

June 26, 2024 | 11:36 am

Cleveland-Cliffs and Freeport-McMoRan reported strong Q1 2024 results, with Cleveland-Cliffs announcing a new $1.5 billion share buyback program and Freeport-McMoRan exceeding copper sales estimates. Worthington Steel was named GM Supplier of the Year for the third time, and Metals Acquisition Ltd announced significant growth in resources and mine life for the CSA Copper Mine.

Portfolio Pulse from austin@walkonholdings.com

April 23, 2024 | 10:03 pm

Gold Resource (NYSE:GORO) reported Q1 sales with significant metal outputs and ongoing efficiency efforts. Worthington Steel (NYSE:WS) was recognized as a partner-level supplier by John Deere (NYSE:DE) for the 12th consecutive year. U.S. Gold (NASDAQ:USAU) announced a $4.9 million direct offering. Ioneer (NASDAQ:IONR) discussed progress at its Rhyolite Ridge lithium site, highlighting its contribution to America's critical minerals supply chain. Kaiser Aluminum (NASDAQ:KALU) declared a quarterly dividend of 77 cents per share.

Portfolio Pulse from Austin DeNoce

April 16, 2024 | 9:01 pm

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