Worthington Enterprises exceeded Q2 expectations, with adjusted EPS of $0.60 beating the consensus of $0.52, despite an 8% YoY net sales decline to $274 million. Building Products segment showed 4% growth, while Consumer Products saw EBITDA increase. The company declared a $0.17 dividend and repurchased shares, indicating confidence in future growth.
Several companies are set to report quarterly earnings, including General Mills, Worthington Enterprises, Jabil Inc., Applied DNA Sciences, and Micron Technology. While some companies like Worthington Enterprises showed strong after-hours gains, others like Applied DNA Sciences experienced significant drops. Market analysts and investors are keenly watching these results for insights into market trends.
Several companies are set to report earnings this week, including Cintas, Progress Software, Micron, Worthington Enterprises, and Jefferies Financial. These companies’ financial results will be closely watched by investors, as they could impact the direction of the stock market. Find out what analysts expect from each company and how their stock prices have reacted in after-hours trading.
Worthington Enterprises, Inc. (WOR) is set to release its first-quarter earnings on Tuesday, Sept. 24. While analysts expect a decline in earnings compared to the previous year, the company’s dividend yield remains attractive. This article explores the upcoming earnings report and outlines strategies for generating dividend income from Worthington Enterprises.
