Worthington Steel's Q3 Earnings Miss Estimates, Sales up Y/Y
Key Takeaways Worthington Steel reported Q3 EPS of 27 cents, missing estimates and down from 35 cents last year.WS revenues rose 12% to $770M but missed forecasts as toll volumes dropped 22% on weak demand.Margins shrank as costs rose, with gross profit down 6.3% and SG&A tied to the Sitem Group and Kloeckner deal.Worthington Steel, Inc. (WS) reported adjusted earnings of 27 cents per share for the third quarter of fiscal 2026, missing the Zacks Consensus Estimate of 47 cents. It had posted adjusted earning ...