NYSE$WOR

Worthington Enterprises Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

Worthington Enterprises reported a net loss for the fourth quarter of fiscal year 2024, with adjusted EPS of $0.74.

Worthington Enterprises reported a decrease in net sales to $318.8 million and a net loss from continuing operations of $31.5 million, or $(0.64) per diluted share, for the fourth quarter of fiscal 2024. However, the company delivered adjusted earnings per share of $0.74.

  • Net sales decreased by 13.6% compared to the prior year quarter, driven by lower volume across all segments.
  • The company reported an operating loss of $56.1 million, impacted by higher impairment and restructuring charges.
  • Adjusted EBITDA decreased from $93.7 million to $63.2 million year-over-year.
  • The company acquired Hexagon Ragasco and formed a Sustainable Energy Solutions joint venture.

Headline financials

Total Revenue

$319M

Previous: $1.23B-74.1%
EPS (adj)

$0.74

Previous: $2.74-73.0%
Adjusted EBITDA

$63.2M

No prior period
Net Margin

-10.0%

No prior period
Capital Expenditures

-$11.3M

Previous: $17.7M-164.2%
Net Income

-$31.5M

Previous: $129.90-24265688.9%
Operating Income

-$56.1M

Previous: $122.60-45717881.4%
Gross Profit

$79M

Previous: $244M-67.7%

Revenue & EPS history

Worthington · Revenue · Quarterly

$319M

Q4 2024-74.1%vs Q4 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Worthington · $271M total across 2 segments · Q2 2024

  • Consumer Products
    $148M-3.9%
  • Building Products
    $123M-13.4%

Forward guidance

Worthington Enterprises is optimistic heading into the new fiscal year, having recently completed the acquisition of Hexagon Ragasco and the formation of Sustainable Energy Solutions joint venture. The company has market leading brands, a solid balance sheet, and a team focused on driving long-term profitable growth.

Tailwinds

  • Completed acquisition of Hexagon Ragasco
  • Formed Sustainable Energy Solutions joint venture
  • Has market leading brands
  • Has a solid balance sheet
  • Focused on driving long-term profitable growth

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-0.1%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+2.8%

Avg return

30 days after

44%

30 / 68 earnings

Positive

+23.8%

Q3 2025

Best reaction

-22.3%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026
Q3 2026-5.6%+1.8%
Q2 2026-2.3%-6.2%-5.1%
Q1 2026-11.8%-9.2%-2.9%
Q4 2025+0.0%+2.6%+0.1%
Q3 2025+23.8%+20.3%+19.5%
Q2 2025+8.9%+5.4%+8.1%
Q1 2025-4.0%-8.3%-13.3%
Q4 2024-5.5%-7.7%-2.3%
Q3 2024+6.5%-0.9%-8.8%
Q2 2024-0.7%-0.1%-5.7%
Q1 2024-10.0%-9.6%-11.1%
Q4 2023+10.5%+11.3%+18.6%
Q3 2023+18.0%+18.5%+15.3%
Q2 2023-3.5%-3.7%+3.9%
Q1 2023-22.3%-8.1%-4.6%
Q4 2022+14.8%+13.8%+10.1%
Q3 2022-13.6%-17.7%-13.3%
Q2 2022+1.1%-0.5%+14.0%
Q1 2022-5.4%-0.8%-2.5%
Q4 2021+3.3%+2.6%+5.8%
Q3 2021+2.9%+3.4%+3.8%
Q2 2021-6.5%-6.4%+7.0%
Q1 2021+1.6%+8.6%+34.7%
Q4 2020-2.1%+6.7%+7.3%
Q3 2020+6.3%+15.9%+4.0%
Q2 2020+10.0%+8.1%+3.2%
Q1 2020-4.8%-2.3%-2.3%
Q4 2019+4.6%+8.3%+9.7%
Q3 2019+2.4%-6.3%+8.6%
Q2 2019-5.7%-5.1%+2.3%
Q1 2019-8.9%-5.4%-13.6%
Q4 2018-9.3%-6.8%+0.6%
Q3 2018-2.4%-0.6%+11.9%
Q2 2018+2.4%+1.7%+9.9%
Q1 2018-9.3%-7.4%-7.5%
Q4 2017+5.3%+3.8%+6.9%
Q3 2017-8.5%-11.9%-13.4%
Q2 2017-6.8%-11.0%-15.0%
Q1 2017+6.7%+8.9%+5.0%
Q4 2016+14.5%+13.7%+19.9%
Q3 2016-3.2%
Q2 2016+9.2%
Q1 2016+15.3%
Q4 2015+6.3%
Q3 2015-9.3%
Q2 2015-15.1%
Q1 2015-3.7%
Q4 2014+1.4%
Q3 2014-7.0%
Q2 2014-2.9%
Q1 2014+1.4%
Q4 2013-2.0%
Q3 2013+1.5%
Q2 2013+0.9%
Q1 2013-1.9%
Q4 2012+16.1%
Q3 2012+4.5%
Q2 2012+3.5%
Q1 2012-6.7%
Q4 2011-3.0%
Q4 2009-3.0%
Q3 2011-2.7%
Q3 2010-2.7%
Q2 2011+1.1%
Q2 2010+1.1%
Q1 2011-0.4%
Q1 2010-0.4%
Q4 2010-0.4%

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