$WS

Midday, bank stocks fell due to rising Treasury yields. Webull dropped 20% amid national security concerns. NetApp gained 3% after an upgrade. Worthington Steel fell 10% on lower earnings. Penguin Solutions rose 15% on strong Q4 results. Constellation Brands added 2% with better-than-expected Q2 earnings. Micron gained 3% on AI-driven demand outlook.

Worthington Steel (WS) reported Q1 net sales up 9% YoY to $954M, with gains in automotive, agriculture, and truck shipments offset by declines in energy and construction. CEO Geoff Gilmore highlighted tight steel supply and expected inventory holding gains. The company expects $10M-$15M in pretax gains for Q2. WS also declared a $0.16 quarterly dividend and maintained synergy and deleveraging targets post-Kloeckner acquisition.

Worthington Steel, Inc. (WS) filed an SEC Form 8-K — Results of Operations and Financial Condition. EXHIBIT 99.1 Worthington Steel Reports First Quarter Fiscal 2027 Results Includes financial results from Kloeckner & Co following majority acquisition COLUMBUS, Ohio, October 6, 2026 – Worthington Steel, Inc. (NYSE: WS), a market-leading, value-added metals processing company, to

Worthington Steel (WS) reported Q1 2026 sales of $2.73B and a net loss of $10M. The board maintained a $0.16 quarterly dividend. The company faces margin pressure despite higher revenue, with risks tied to weak demand and volatile steel prices. WS projects $3.8B revenue and $157.9M earnings by 2029, assuming 4.2% yearly revenue growth.

Worthington Steel reported Q1 Non-GAAP EPS of $0.57, missing estimates by $0.59. Revenue rose 211.6% year-over-year to $2.72B. Operating income increased to $56.0M, but net loss was $7.0M, down from $36.8M earnings in the prior year quarter, according to the company.

Worthington Steel declared a $0.16 per-share quarterly dividend, payable Dec. 28, 2026 to shareholders of record on Dec. 14, 2026. The company did not compare the dividend to prior payouts.

Worthington Steel Inc. reports Q1 earnings today, with analysts expecting a decline to 68 cents per share. The company's acquisition of Kloeckner & Co SE and integration progress will be key focuses. Analysts maintain a buy rating with a $46 price target, but shares have faced pressure recently. Margin trends and demand visibility from key markets will also be scrutinized.

KeyBanc reiterated an Overweight rating on Worthington Steel (NYSE:WS) with a $46.00 price target. The stock, currently at $39.12, is up 10% over the past week. The company is set to report Q1 2027 earnings on October 6, with analysts forecasting $2.55 EPS for the fiscal year. Worthington Steel has also initiated a tender offer for Kloeckner & Co SE shares at €11.00 per share, aiming to consolidate its holdings.

Worthington Steel Inc (WS) shares fell 3.3% to $35.64, according to GF Value™, which estimates the stock is 2.9% overvalued. The company's GF Score™ is 55/100, indicating average performance. Insiders sold $1.1M more than they bought in the past year. The P/E ratio is 254.6x, significantly higher than its 5-year median of 13.1x.

Worthington Steel, Inc. (WS) filed an SEC Form 8-K — Submission of Matters to a Vote of Security Holders. Item 5.07 Submission of Matters to a Vote of Security Holders. On September 23, 2026, Worthington Steel, Inc. (“we,” “us,” “our” and “registrant”) held our 2026 Annual Meeting of Shareholders (the “Annual Meeting”). At the close of business on July 28, 2026, the record date for t