From Financial Modeling Prep: 2025-03-26 12:34:00

Worthington Enterprises (NYSE:WOR) saw shares surge over 22% today after surpassing earnings and revenue expectations in the fiscal third quarter. Adjusted EPS came in at $0.91, beating estimates of $0.70, while revenue of $304.5 million exceeded the consensus of $289.09 million.

Despite a 4% decline in revenue due to segment deconsolidation, sales were boosted by volume growth and contributions from the recently acquired Ragasco business. Earnings before income taxes rose 30% to $52.6 million, with adjusted EBITDA from continuing operations up 10% to $73.8 million.

Market share gains, a favorable product mix, and strong margins in core businesses drove profitability improvements for Worthington. Joint ventures remained steady, with strong cash generation highlighted by operating cash flow of $57.1 million and free cash flow of $44.4 million, up 14% and 11% year-over-year, respectively.



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