secwatch.observer — SEC 8-K summary
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Issuer:     Worthington Steel, Inc. (WS)
CIK:        0001968487
Form:       8-K
Filed at:   2024-09-30T23:59:59+00:00
Accession:  0000950170-24-110401
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 5.07, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1968487/000095017024110401/0000950170-24-110401-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1968487/000095017024110401/ws-20240925.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-110401

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