Update: Worthington Steel Shares Fall After Fiscal Q1 Results
MT newswire2026/10/07 19:2603:26 PM EDT, 10/07/2026 (MT Newswires) -- (Updates with the company's latest stock move in the headline and the first paragraph.) Worthington Steel (WS) shares were down 6.6% in Wednesday trading after the steel processing company reported its fiscal Q1 results late Tuesday. The company posted quarterly adjusted net income of $0.57 per diluted share, down from $0.77 a year earlier. Revenue for the quarter ended Aug. 31 was $2.73 billion, up from $872.9 million a year earlier. An analyst polled by FactSet expected $3.14 billion. The company kept its quarterly dividend at $0.16 per share, payable on Dec. 28 to shareholders of record on Dec. 14. Price: 35.76, Change: -2.43, Percent Change: -6.36
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