---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-110401"
form_type: "8-K"
ticker: "WS"
cik: "0001968487"
company_name: "Worthington Steel, Inc."
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T00:58:09.062813+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Worthington Steel Q1 adjusted EPS $0.56 (down 56% YoY); revenue falls 8% to $834M

## Summary
- Net sales of $834.0M, down 8% YoY from $905.8M; operating income $43.4M vs $69.7M.
- Diluted EPS attributable to controlling interest $0.56 vs $1.19; adjusted EPS $0.56 vs $1.26.
- Processing volume 994k tons, down from 1,024k tons YoY.
- Equity in net income of unconsolidated affiliate fell to $1.3M from $9.0M.
- Board declared quarterly dividend of $0.16 per share, payable Dec 27, 2024.

## SEC filing metadata
- accession: 0000950170-24-110401
- form_type: 8-K
- ticker: WS
- cik: 0001968487
- company_name: Worthington Steel, Inc.
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.07, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1968487/000095017024110401/0000950170-24-110401-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1968487/000095017024110401/ws-20240925.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-110401
- JSON: https://secwatch.observer/filing/0000950170-24-110401.json
- Plain text: https://secwatch.observer/filing/0000950170-24-110401.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.