Worthington Steel, Inc. (WS)

Worthington Steel’s fiscal first quarter of 2027 results trailed consensus on both the top and bottom line, based on preliminary figures reported October 6, 2026, even as revenue surged year over year. Revenue rose 212.4% to roughly $2.7 billion (up from about $872.9 million a year ago), but still trailed expectations, with revenue of $2.727 billion versus the $3.137 billion estimate (-13.1%). Adjusted EPS came in at $0.57, down 26.0% from $0.77 a year ago, and likewise missed forecasts, with EPS of $0.57 versus the $0.92 estimate (-38%). Profitability in the quarter reflected a gross margin of 9.6% and an operating margin of 2.1%, translating to roughly $261 million of gross profit and about $56 million of operating income. Operating cash flow was negative at about -$6.0 million, and the company paid roughly $8.2 million in dividends. For the next period, consensus calls for EPS of $1.14 on revenue of $3.063 billion.