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Stock impact report

Worthington Enterprises Reports Fourth Quarter Fiscal 2024 Results [Yahoo! Finance]

Worthington Steel, Inc. Common Shares (WS) 
Company Research Source: Yahoo! Finance
continuing operations of $31.5 million, or $(0.64) per diluted share, for its fiscal 2024 fourth quarter ended May 31, 2024. This compares to net sales of $368.8 million and net earnings from continuing operations of $50.1 million, or $1.01 per diluted share, in the fourth quarter of fiscal 2023. On a non-GAAP basis, adjusted net earnings from continuing operations totaled $37.5 million for the fourth quarter of fiscal 2024, or $0.74 per diluted share, compared to $59.0 million, or $1.19 per diluted share, in the prior year comparable quarter. Reported results reflect the controlling interest portion of continuing operations and were impacted by certain items, as summarized in the table below. (U.S. dollars in millions, except per share amounts) 4Q 2024 4Q 2023 After-Tax Per Share After-Tax Per Share Net earnings (loss) from continuing operations Corporate costs eliminated at Separation Impairment and restructuring charges Separation costs Impairment of investm Show less Read more
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